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The new ten thousand and one thousand
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twg



Joined: 02 Nov 2006
Location: Getting some fresh air...

PostPosted: Sat Feb 03, 2007 9:51 am    Post subject: The new ten thousand and one thousand Reply with quote

The new ten thousand and one thousand won bills...

Bit bright, ain't they?
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robot



Joined: 07 Mar 2006

PostPosted: Sat Feb 03, 2007 10:33 am    Post subject: Reply with quote

the new tenner's not so bad.

the one, with its bluish tinge, looks like a photo that's been left out in the sun too long. not a fan.

though i like the resizings...

ROBT.
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Hater Depot



Joined: 29 Mar 2005

PostPosted: Sat Feb 03, 2007 4:53 pm    Post subject: Reply with quote

I think all the new bills are pimp.
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Sat Feb 03, 2007 5:18 pm    Post subject: Reply with quote

New money is always exciting. And then there is always a firestorm of controversy.

The 5,000 won generated a lot of complaints Roman characters and not Korean characters were used in the serial number. A global economy, Korean money being moved around the globe, not many people have their computer set up to deal with hangul. Yeah, sucks the world doesn't use an alphabet used by .01% of the world's population.

Also, some Koreans figured their hagwon education qualified them to spot the errors in English. The new 5,000 notes dropped the "the" on Bank of Korea. They screamed the notes needed the definite article. (Of course many nations, like Canada, drop the the.) Although it's encouraging to see some Koreans actually pay attention to the use of articles. After 5 years of English education my kids act like when I explain to them that single countable nouns need an article it's the first time they ever heard this rule. And every class that I reexplain the rule to them, they still act like it's the first time they ever heard the rule.

The new 10,000 has some astronomical device. Now apparently it's supposed to honor some Korean invention (I think Korean still get really excited about King Sejong's idea to put a stick in a river... HEY WE CAN'T SEE THE STICK ANYMORE A FLOOD IS COMING RUN FOR THE HILLS!) but like Emart errr "borrowed" ideas from their Costco partner the Korean astronomical device was built on a Chinese invention. I think the Korean addition was to put a blue box around the Chinese device. Anyway, the bill apparently only depicts the Chinese part. And the nationalists are shyting a brick.

(Of course, Canadians couldn't let drop the idea that an American flag was hidden on the $5 and $10. And the $5 they believed they got the Flander's Field poem wrong. Americans are paranoid any new security features is a plot by the government to track their movements by satellite.)
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RACETRAITOR



Joined: 24 Oct 2005
Location: Seoul, South Korea

PostPosted: Sat Feb 03, 2007 8:54 pm    Post subject: Reply with quote

The new bills are too small.
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Sun Feb 04, 2007 2:00 am    Post subject: Reply with quote

I'd think a lot of vending machines cannot read the new bills and thus reject them.
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Sun Feb 04, 2007 2:05 am    Post subject: Reply with quote

Yaya wrote:
I'd think a lot of vending machines cannot read the new bills and thus reject them.


Do vending machines even accept the 5,000? It's been out for a year now. Maybe they were waiting until all the paper money was out before making the change.
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OiGirl



Joined: 23 Jan 2003
Location: Hoke-y-gun

PostPosted: Sun Feb 04, 2007 2:09 am    Post subject: Reply with quote

All the vending machines I use have little signs stuck to them saying they don't accept the 5...and now new signs saying they accept neither the new 1 nor new 10. Mad
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mithridates



Joined: 03 Mar 2003
Location: President's office, Korean Space Agency

PostPosted: Sun Feb 04, 2007 4:26 am    Post subject: Reply with quote

mindmetoo wrote:
New money is always exciting. And then there is always a firestorm of controversy.

The 5,000 won generated a lot of complaints Roman characters and not Korean characters were used in the serial number. A global economy, Korean money being moved around the globe, not many people have their computer set up to deal with hangul. Yeah, sucks the world doesn't use an alphabet used by .01% of the world's population.


Not that it makes much of a difference, but it's a bit over 1%.
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mnhnhyouh



Joined: 21 Nov 2006
Location: The Middle Kingdom

PostPosted: Sun Feb 04, 2007 5:01 am    Post subject: Reply with quote

I prefer the smaller bills, the old ones are a little big for my tastes.

h
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Sun Feb 04, 2007 5:31 am    Post subject: Reply with quote

There are 10,000 things I hate about the new note.

smaller

colours too bright & cartoonish

shines like some crappy coupon or flyer the subway ajumas hand out (Need MONEY?? Got no CREDIT??)

paper has a recycled look & feel

Sejong now wears colour contacts

Sejong's beard was blobby before, now it's a water stain

boring, copycat Euro rendering of the numerals, vertical 10000 on the right, greater prominence given to wretched scientific inventions

computer-generated appearance now; it had been a proper engraving

I miss Gyeonghoeru on the reverse.
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Canadian Club



Joined: 12 Aug 2006

PostPosted: Sun Feb 04, 2007 3:30 pm    Post subject: Reply with quote

There's a new 10 won coin too!

It's just like a penny now...
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R-Seoul



Joined: 23 Aug 2006
Location: your place

PostPosted: Sun Feb 04, 2007 4:40 pm    Post subject: Reply with quote

So why didn't they introduce a W50,000 note or even a W20,000 note, what's the deal with 10K being the biggest bill?
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Sun Feb 04, 2007 4:52 pm    Post subject: Reply with quote

R-Seoul wrote:
So why didn't they introduce a W50,000 note or even a W20,000 note, what's the deal with 10K being the biggest bill?


I believe the major argument is larger notes make bribes, drugs, and the underground economy easier. It's very hard to bribe a politician with large amounts of cash when you have to pay him off in stacks of man wan notes. Rolling a dump truck up to his home isn't very discreet. Bribes are still a large problem in Korean politics and larger bills would just make it much easier and increase the size of the bribes as well.
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kigolo1881



Joined: 30 Jul 2006

PostPosted: Sun Feb 04, 2007 6:56 pm    Post subject: Reply with quote

Yea, i heard about that too ! Wink

Hub of asia, my ( * )
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