CURRENCY BUILDER

Global Barter / Asia / G037

Asia · Daejeon, South Korea · G037

Hanbat Circle

Neighbours trading goods, services and labour on a local ledger.

Front of Hanbat Circle: 10 Spoons, inspired by Hanbat LETS (duru community exchange), with actual Noun #28
Front · 150 × 75 mm
Back of Hanbat Circle: the Hanbat LETS (duru community exchange) tradition, how a note would work, and the traits of Noun #28
Back · the tradition

Security Edition v2

The same note set like a banknote: full engraved portrait of Noun #28, guilloche, watermark, thread, foil stripe and microtext, all printed art. What's on it

Security Edition front of Hanbat Circle: a line-engraved portrait of the full actual Noun #28 in a guilloche oval beside a watermark window, thread and holographic-look stripe
Security Edition · front
Security Edition back of Hanbat Circle: a color medallion of Noun #28 in a guilloche rosette, with the note's story
Security Edition · back
v2 front SVG ↓ v2 back SVG ↓

The tradition · since c. 2000

Hanbat LETS (duru community exchange)

Hanbat LETS in Daejeon, running since about 2000, lets members trade goods, services and labour in a community unit called the duru; it is studied as a leading Korean community currency.

Source: Local currencies make happy cities (Korea JoongAng Daily) ↗

How a note would work

Members earn Spoons by offering goods, services or labour to each other and spend them on members' offers; balances carry no interest. Spoons are never bought or cashed out.

Design concept inspired by this tradition, not issued by or for the people who keep it. Not legal tender, not for sale, no cash value, no redemption and no investment rights.

Front SVG ↓ Back SVG ↓ Machine edition
  • PlaceDaejeon, South Korea
  • Erasince c. 2000
  • RegionAsia
  • UnitSpoon · Spoons
  • Face value10 Spoons
  • SerialGB-G037-N0028
  • NounActual Noun #28 ↗
  • Why this NounKorean cooking runs on garlic, so a bulb is at home in a Korean exchange.
  • Headgarlic
  • Glassessquare red
  • Bodyhotbrown
  • Accessorytaxi checkers
  • Seedbg 0 · body 16 · acc 96 · head 90 · glasses 15