Korea With Russian Influence 5 Chon (1902)

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Author	Replies: 3 / Views: 1,062
gxseries Pillar of the Community Australia 3831 Posts	Posted 10/17/2022 08:46 am This is one of those mystical white elephant coins that does not appear in the market. There's one on ebay at the moment but at an absurd price. Mine is holed but this is really hard to find in any condition. This is issued by the Russo-Korean bank dated 1902. You can see that it has an eagle influence similar to the Russian double head eagle. I don't know where it was struck but possibly in Korea. Supposedly the bank only lasted for a short period of time due to pressure from the English and Japanese. Coins struck in 1898 Coins struck in 1905 (when Korea became a Japanese protectorate) Coinweek has reported on this https://coinweek.com/auctions-news/...orea-5-chon/ Supposedly many of these coins were confiscated by the Japanese and melted down. It is not known how many still remain today but I can't imagine it to be in the thousands judging by the scarcity. 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. Report this Post to the Staff

SaturnD51 Valued Member United States 425 Posts	Posted 11/06/2022 7:36 pm Hopefully this is your coin.https://en.numista.com/catalogue/pieces24482.html Lot of money to drill a hole in.Ugh Edited by SaturnD51 11/06/2022 7:38 pm Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 11/06/2022 10:34 pm I have an issue with the catalogue description. Korea was never occupied by Russia. Despite what the mintage figures suggest, any coins of this type are quite hard to find in any condition. 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. Report this Post to the Staff
Wandering Circle Valued Member Hong Kong 176 Posts	Posted 11/08/2022 02:46 am Quite a find! Krause should really just catalogue this series as "Russo-Korean Bank" instead. Report this Post to the Staff
	Replies: 3 / Views: 1,062

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