Origin Story
The ttaengjeon in the phrase "not a single ttaengjeon" traces back to the late Joseon era, when Heungseon Daewongun needed enormous sums to rebuild the fire-ravaged Gyeongbok Palace and minted a coin called the dangbaekjeon (當百錢). True to its name, it was supposed to be worth a hundred of the standard sangpyeong tongbo coins. In reality it was worth nowhere near that, and when so much new money was suddenly poured into circulation, prices soared while the currency's value collapsed. Households grew poorer, and a resentful public twisted "dangbaekjeon" into the harsher-sounding "ttangbaekjeon" as a sneer. That, in turn, was shortened and hardened into ttaengjeon. So the phrase "not a single ttaengjeon" carries the lingering bitterness of common people toward money that had lost its worth and earned their contempt.
The dangbaekjeon was such a failure that it was abolished barely six months after issue. It is a rare case in which the economic chaos of an entire era is etched into a single word, surviving to this day as the very emblem of "money not worth a thing."
Meaning Evolution
How It Is Used
Payday is still a long way off, and right now I haven't got a single ttaengjeon to my name.
I lost my wallet and walked all the way home without a penny ("ttaengjeon han pun") on me.
When the business went under, I came out empty-handed, not having salvaged a single ttaengjeon.
Related Words
Memory Hook
Remember that the coin minted to rebuild Gyeongbok Palace shook up prices so badly it was mocked from "ttangbaekjeon" down to "ttaengjeon."
"It was stamped with the worth of a hundred coins, yet the people called it ttaengjeon — worth nothing."