On November 5, 2007, the Bank of Korea announced that it had decided to include a portrait of Lady Sin Saimdang (1504-1551) on the new 50,000 wŏn note. 1 The announcement listed a number of reasons for choosing Lady Sin for this honor. One was that she was the most renowned female artist from the Chosŏn dynasty . Indeed, her paintings are presumed to be the earliest examples of extant work by a Korean woman painter. 2 However, perhaps her greatest claim to fame is the fact that she was the mother of one of Korea's most prominent Confucian scholars, Yi I (1536-1584). Eulogized as the quintessential example of a "wise mother, good wife" (hyŏnmo yangch'ŏ), she has long been celebrated as the ideal Korean woman. 3 The selection of Sin Saimdang stirred lively debates among women's organizations that reflected mixed emotions about her. On the one hand, many women welcomed that, for the first time, a woman was considered significant enough to have her portrait printed on Korean currency. On the other hand, some were troubled by the selection of Sin Saimdang over other, perhaps more preferable, candidates, such as Yu Kwansun (1902Kwansun ( -1920, who had become a symbol of female patriotism during Japanese colonial rule . 4 In 1 Han'gyŏre, November 5, 2007. Wŏn refers to the basic unit in Korean currency. 2 Martina Deuchler, "Propagating Female Virtues in Chosŏn Korea," in Women and Confucian Cultures in Premodern China, Korea, and Japan, eds.