US Mint packaging for foreign coining contracts (years ago)

Discussion in 'Coin Chat' started by mlov43, Mar 21, 2023.

  1. mlov43

    mlov43 주화 수집가

    In my research on South Korean coins, I found out what the coin bags looked like that the Philadelphia Mint sent to Korea in 1959. I'm sure the appearance of these bags is similar to the bags used in fulfillment of other countries' coining contracts with the US Mint at the time (Dominican Republic, Liberia, Venezuela, etc.)

    I found this video of the first shipments of the "Hwan" denominated coins (since demonetized) to South Korea in October/November 1959.

    Here is what the Philadelphia mint sent to Korea.
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    If you look carefully, the text on these bags reads:

    10,000
    10 HWAN
    KOREA
    —————
    4292

    The "4292" is the Korean-era date for "1959."

    The bags are quite simple and unadorned. They also contain a huge number of coins (10,000!) compared to later Korean Mint bags of coins, which normally carried a total of 2,500 coins in "large" bags which each contained five "small bags" of 500 coins each.

    Here's an image of one of the first types of Korean Mint coin bags from 1966, the first year that the Korean mint struck their own coins:
    2.jpg

    I always wondered what the U.S. Mint's bags and packaging looked like when they sent coins out in fulfillment of a contract. I know that the Philadelphia Mint also sent coins to Korea in boxes.

    I also include an image of the future president of the country (then military junta leader) Park Chung-hee inspecting stacked boxes of Philadelphia-made 50-Hwan coins in vaults of the Bank of Korea building in Seoul sometime in late 1961 or early 1962, just before the currency reform which resulted in the nation switching from the "hwan" to the "won" denomination. I found this photo years ago.

    I think the stenciled labels on these boxes read:
    50 HWAN
    12,000 PCS.
    GR. WT. 108 LBS.

    If any of these original bags of coins or boxes(!) were to be found somewhere, they would likely be a major coup, collection-wise.
     

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    paddyman98, cladking, Chris B and 3 others like this.
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