In the year 1881 the Korean government experimented with producing high denomination Joseon Tongbo cash coins, however, these were never issued.

During the early years of the Joseon period cloth and grains would remain the most common forms of currency among the Korean people, during this time cotton was considered to be the most important medium of exchange.

[8] The first series of Joseon Tongbo cash coins ceased production only briefly after its introduction due to a lack of raw materials as well as the exchange rate having fallen to less than the intrinsic value of the coinage making them financially unattractive.

[4] Another factor that led to the more widely adoption of coinage by the Korean people this time around was the fact seasonal problems such as droughts or less productive harvests made it more difficult to manufacture grains and cloth causing them to decrease in circulation.

[5] During this era the government wasn't the only manufacturer as private minting was allowed to take place and as such these cash coins tend to be very diverse.

[5] The second series of Joseon Tongbo cash coins tend to have a rather yellow-brown colour and the Hanja characters depicted on them were not very standardised.

The brisk production of goods to be traded and the subsequent development of commerce led to there being a relatively stable currency system during this era.

[10] These new markets and the merchants that they brought with them substantially raised the importance of currency, cash coins were now highly valued due to their ease of transportation and storage.

[5] On the right side of the square centre hole were the Chinese characters "一錢" (일전, il jeon), indicating its nominal value.

[5] Other variants of the 1 jeon Joseon Tongbo cash coins can have some slight variations in the method that the "head" (or top part) of the Chinese character Tong (通) is written.