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A History of South Korean "Won" coins (1966-present)
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<p>[QUOTE="mlov43, post: 1342026, member: 16729"]Hey Cladking,</p><p><br /></p><p>I just made a change to my site: Under the video of the 10 Won collection, I put a comparison chart of the Krause and Korean prices for 2011.</p><p>I hope this helps you somewhat. Be advised, the actual prices that sellers realize when making a sale in Korea are often a little below the listed Korean prices. That's my experience anyway. What I've noticed is that the Krause books from about 7 years ago and earlier were listing SK coins at old, LOW LOW prices compared to the Korean Daewonsa catalogue. It seems that they've recently woken up to the fact that they were selling on the internet for much higher prices(!), or maybe they caught wind of what prices these coins were going for in Korea. Maybe that explains the sudden price rises.</p><p><br /></p><p>As far as finding out what happened to the obsolete coins (1Won, 5Won), that shouldn't be too hard, but I just need the Bank of Korea or KOMSCO to reply to me. They SHOULD have that info. What I've noticed is that it's harder and harder to find the old (1966-2006) copper-based 10 Won coins in my change anymore in Korea when I go there every year. I have a feeling that they are being withdrawn and stored, possibly even melted. When I find out, I'll post it here at CT.</p><p><br /></p><p>Finding out the general condition of circulation coins and current conditions is going to be tough. I don't think that even Korean sources know that...</p><p>I'll see what I can find out...[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 1342026, member: 16729"]Hey Cladking, I just made a change to my site: Under the video of the 10 Won collection, I put a comparison chart of the Krause and Korean prices for 2011. I hope this helps you somewhat. Be advised, the actual prices that sellers realize when making a sale in Korea are often a little below the listed Korean prices. That's my experience anyway. What I've noticed is that the Krause books from about 7 years ago and earlier were listing SK coins at old, LOW LOW prices compared to the Korean Daewonsa catalogue. It seems that they've recently woken up to the fact that they were selling on the internet for much higher prices(!), or maybe they caught wind of what prices these coins were going for in Korea. Maybe that explains the sudden price rises. As far as finding out what happened to the obsolete coins (1Won, 5Won), that shouldn't be too hard, but I just need the Bank of Korea or KOMSCO to reply to me. They SHOULD have that info. What I've noticed is that it's harder and harder to find the old (1966-2006) copper-based 10 Won coins in my change anymore in Korea when I go there every year. I have a feeling that they are being withdrawn and stored, possibly even melted. When I find out, I'll post it here at CT. Finding out the general condition of circulation coins and current conditions is going to be tough. I don't think that even Korean sources know that... I'll see what I can find out...[/QUOTE]
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A History of South Korean "Won" coins (1966-present)
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