A fine, early Joseon dynasty, deep Punchong bowl with gracefully everted rim and on tall ring foot. White slip inlaid decoration in the cavetto of chrysanthemum blossoms, surrounded by a lotus-petal band, surrounded in turn by rope-curtain decoration continuing to multiple rings inside the rim. The outside brush-wiped with white slip and an olive colored glaze over the slip and body - pooling in places. The unglazed foot fired to a grey-brown color. Spur marks along the foot rim and also inside the cavetto offer clear evidence of stacking within the kiln. Some pleasing iron to black colored small spots in the glaze also offer testimony of the kiln conditions. Two intact bubbles in the cavetto and one bubble likely popped during firing. 15th Century. All in all, quite remarkable and good condition. Sits well and even upon its foot and with no significant leaning or distortion of form (a good example.) Diameter 7 1/8 inches (18.1cm). Height 3 1/4 inches (8.26cm).