2016-03-07

Korea's Currencies, Part 2: Coin Collectors Guide on Korean Currency

[WARNING: DO NOT COPY PASTE ANY ARTICLES FOR COMMERCIAL USES WITHOUT PERMISSION.]

I believe that I now have a weekly schedule; Korean Story posts are now coming every Sunday night (20:59 Pacific, 23:59 East Coast)! Well, starting next week. 

Last week, I listed the ordinary coins of the Republic of Korea from 1963 until February 29th, 2016. "Ordinary", yes. However, if you are a rare coin collector that love to collect or sell coins, you should tune into THIS article and take out your Korean coins collection to see which one is worth 50 cents and which one is worth 50 dollars.
See, during some years, coins have been printed less, and many have gotten a lot expensive. I'm really sure that South Korea only sells circulatable non-regular design coins, not printing them for free circulation. But when economic upturns or downturns come, and the South Korean government had to increase or decrease  the how many coins were being printed, the number of rare "years" of coins increased. For example, you could see the impact of IMF's pressure on South Korea, only 8000 "500 Won" coins were printed in 1998.
Behold. Thanks to 2pari.tistory.com
Some of those years also indicate a slight difference in the coins, for example, the 1982"500 Won" coin was made of 100% Aluminum.

Now, since I can't really "explain" the years of rare coins one-by-one alongside how many were printed, I made a spreadsheet for the "rare-year" coin collectors and sellers out there. Click here to see that spreadsheet.

But before you click on that link, or if you already did, you'll notice colors on the spreadsheet. That indicates the rarity of the coin in current status after 2007, with red being the rarest, then orange, yellow, light green, dark green, and finally, blue. While dark green and blue are easily "findable" in your pockets, light green and yellow coins (mostly before the 21st century), may be in your huge piggy bank. And good luck with finding red and orange. And when you do find one, contact me at thekoreanstory@outlook.com with your flashy coin! (And after that, just keep it in a coin collection or a glass frame, or just sell it. I don't care... unless someone wants to sponsor me?) Anyways.. that's it!

Or is it? (Sorry if this article suddenly got deleted)
At KOMSCO's sale website, you can always get interesting, governmnt-minted circulatable and non-circulatable coins! Click here to find about that.

*KOMSCO did not sponsor this article.

Thanks for Reading! Don't forget to comment or subscribe!
Facebook Page: http://facebook.com/thekoreanstory or Click Here
Contact us at: thekoreanstory@outlook.com or Click Here


[WARNING: DO NOT COPY PASTE ANY ARTICLES FOR COMMERCIAL USES WITHOUT PERMISSION.] 

No comments:

Post a Comment