Joel Anderson, Interesting World Coins

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KOREAN COINS

NEWRARE EARLY KOREAN COIN OF SEJONG THE GREAT

Korea 1 Mun 1623-1625AD Sejong the GreatSejong is considered one of the greatest rulers in Korean history.  He invented Hangul, the Korean alphabet.  The shape of the letters reflects the shape of the speech organs used to pronounce them, making it easy for Koreans with limited education to learn to read and write.  This invention faced great opposition from the elite who did not like the idea of the lower classes being able to read.  He encouraged scientific research, published a book on improved farming practices and allowed government slaves to have extended maternity and paternity leave.  In 1423 he introduced Korea's first coins in 300 years: a copper 1 Mun called. "chosun tong bo" or "morning fresh precious currency" Koreans had been using a barter system. It was modeled after the Chinese cash coins.  It was valued at 150 coins to 1 kun of silver (600 grams).  The coin was minted only three years until 1425, when it was discontinued due to a shortage of copper and limited acceptance by the public. Korea then returned to a barter system for the next 200 years.
Item KOR-SEJONG KOREA 1 MUN 1423-25 SEJONG THE GREAT H10.2 VG-Fine $49.50



KINGDOM OF KOREA CHARITY OFFICE COIN   

Korea: Seoul Charity Office 2 Mun, 1795-1742 These 2 Mun coins were issued by Charity Office (Poor Board) in Seoul, Korea.  The Kingdom of Korea authorized various government agencies and towns to issue coins.  All the coins all have the same four characters on the obverse and the mint name on the reverse.  The coin was minted from 1679 to 1695. 
Item KOR-160 KOREA SEOUL CHARITY OFFICE 2 MUN 1679-1695 KM160, M17.0 VG-F $5.00



SCARCE NORTH KOREAN COIN SET  

North Korea 5 coin set 1 Chon - 1 Won 1959 - 1987
North Korea rarely issues coins for general circulation and coins are struck for many years with only a single date.  This five coin set includes the first coins that North Korea issued for circulation.  They were used until 2009 when the country did a sudden forced currency revaluation which wiped out the savings of most of its citizens.  All five coins are aluminum and have the national arms on the obverse.   The 1, 5 and 10 Chon dated 1959 were the first coins issued by North Korea.  The denomination is on the reverse. The 1978 50 Chon features the Chollima statue which depicts a worker and a peasant woman on horseback. The monument is 151 feet (46 meters) high. It was unveiled in 1961 to celebrate  leader Kim Il-sung's 49th birthday.  The 1987 1 Won depicts the "Grand People's Study House in  Pyongyang. It was constructed in 1982 to celebrate leader Kim Il-sung's 70th birthday.  Because it is a closed society, North Korean coins are difficult to obtain.
Item S-KP-SET5 NORTH KOREA 5 COIN SET 1 CHON – 1 WON 1959-87 UNC. $10.00



NORTH KOREAN NOTE HONORS DICTATOR KIM IL-SUNG

North Korea 100 Won banknote, 1978 P22
North Korea honored their dictator Kim Il-sung on their 1978 100 Won note.  It was the highest denomination issued by North Korea at that time and the first time he appeared on a note.  The front includes his portrait surrounded by a garland of Siebold Magnolias, the national flower of North Korea. The North Korean arms are to the upper left.  The back features Kim Il-Sung's birthplace in Mangyongdae. The note measures 169x84mm and is Uncirculated.
Item PM-KP-100W NORTH KOREA 100 WON NOTE, 1978 P22 UNC. $5.00



SCARCE NORTH KOREAN BANKNOTE SET  

North Korea set of 3 Banknotes 5 - 50 Won P58-P60
This set of 3 North Korean banknotes includes the 5, 10 and 50 Won dated 2002.  The notes were not released until 2009 when North Korea recalled and revalued its currency, wiping out the savings of most of it citizens.  The  notes Won depicts stern faced North Koreans staring into their bleak future. The 5 won depicts a student and a scientist on the front and the Hwanggang hydroelectric dam the back. The 10 Won features a soldier, sailor and pilot on the front and the Korean War Victory Monument on the back.  The front of the 50 Won depicts 3 women representing an engineer, farmer and an intellect.  The back features the Party Foundation Monument.   The notes all have watermarks of the Siebold-Magnolia which is the national flower of North Korea.
Item PM-KP-SET3 NORTH KOREA 3 NOTE SET 5 - 100 WON 2002 (2009) P58-P60 AU-UNC. $9.00


SOUTH KOREA COIN SET 

South Korea 4 coin set: 1 - 500 Won
This four coin set includes the South Korean 10, 50 100 and 500 Won, dated 2016, in Uncirculated condition. The designs reflect Korea’s natural and cultural heritage. The copper-clad aluminum 10 Won shows the beautiful and historic Dabotap Pagoda. The cupro-nickel 50 Won features a rice stalk. Admiral Yi Sun-sin is on the cupro-nickel 100 Won. During the late 16th Century he repeatedly defeated Japanese invasion fleets with the use of iron-clad turtle boats and innovative tactics. A crane in flight is on the cupro-nickel 500 Won. The reverse of each coin features the denomination. 
Item S-KR-SET4 SOUTH KOREA 4 COIN SET 10 - 500 WON 2016 UNC. $4.50



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Joel Anderson
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