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The Highest Price For South Korean Coins!

 
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Author Previous TopicReplies: 2 / Views: 617Next Topic  
Valued Member
United States
118 Posts
 Posted 03/20/2023  10:37 am Show Profile   Bookmark this topic Add mlov to your friends list Get a Link to this Message
This page shows the highest price for a South Korean coin-related item: 38 million won ($35,000 USD) for a Korean Mint bag of 1966 One-Won coins. The bag was opened, as you can see. It sold in 2018 from the Seoul retailer, Mirinemall.
Edited by mlov
03/20/2023 10:37 am
Pillar of the Community
Australia
3558 Posts
 Posted 03/20/2023  3:17 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Unreal! Imagine if a bag of 10 hwan coins appear. I reckon that would break new record.
My partial coin collection http://www.omnicoin.com/collection/gxseries

My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month.
Valued Member
United States
118 Posts
 Posted 03/20/2023  7:50 pm  Show Profile   Bookmark this reply Add mlov to your friends list Get a Link to this Reply
Hey gxseries!

Yes, an ORIGINAL 10-Hwan bag of coins (which originated from the US Philadelphia Mint) would be an unbelievable coup, in a few ways.

First, they are essentially non-existent, from what I can tell.

Second, the only image of these original "mint bags" (from a foreign mint) that I have found is from this video:
VZQobNk4MT8


You can see images of people picking up some of these first 10-Hwan coin bags shipped to Korea (I'm guessing that's what's going on in the above government PSA).

Here are some zoomed images:




The text on the bags looks rather generic compared to the later Korean Mint's coin bags starting from the 1960s to the early 2000s. After the early 2000s, the Korean mint began distributing its coins in coin rolls that were placed in boxes.

I looked carefully at these bags, and it seems that the text on these Philadelphia Mint Bags reads:

10,000
10 HWAN
KOREA

4292

Here are what 1960s bags of coins from the Korean Mint look like:

Edited by mlov
03/20/2023 7:52 pm
  Previous TopicReplies: 2 / Views: 617Next Topic  
 
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