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<p>[QUOTE="mlov43, post: 2943587, member: 16729"]It's a condition rarity. </p><p><br /></p><p>The coining metal used to make the planchets for this 10-Won coin changed from this <b>88% copper, 12% Zinc composition </b>(called "bronze" by Korean coin collectors) midway through 1970, to a new <b>65% copper, 35% zinc composition </b>(called "brass" by Korean coin collectors) in order to save money due to a rise in the price of copper that was partly created by demand from the Vietnam War and labor strikes at major U.S. copper producers. Both coins are actually brass; the terms are purely a quirky Korean numismatic jargon that was translated into English. </p><p><br /></p><p>Evidently, you can come upon the "brass" versions in higher condition than you can these "bronze" versions. I have found that to generally be the case, also. There is a color-tone difference between the two, and this one clearly is the "bronze" version. To make it clear that this is the "bronze" version, I am tempted to get it graded at NGC with a "metallurgical analysis" on the information tag in the holder, which is now a nice $75 "upgrade" that was once cited on the tag for free: The TPGs are obviously taking their cues from the airline industry with its fees for a checked bag, water, or oxygen to breathe on the plane. ...but I digress.</p><p><br /></p><p>Long story short, it's a condition rarity. And probably THE most expensive South Korean circulation coin in higher Mint State grades. If I had a coin business in South Korea, I could confidently sell this piece for about $1,400 USD. It might take a while, but it would sell. In the 15 or so years that I have been looking at these, this is in the top two that I have seen.</p><p><br /></p><p>In other words, I'm a lucky motherhubbard...[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 2943587, member: 16729"]It's a condition rarity. The coining metal used to make the planchets for this 10-Won coin changed from this [B]88% copper, 12% Zinc composition [/B](called "bronze" by Korean coin collectors)[B] [/B]midway through 1970, to a new [B]65% copper, 35% zinc composition [/B](called "brass" by Korean coin collectors) in order to save money due to a rise in the price of copper that was partly created by demand from the Vietnam War and labor strikes at major U.S. copper producers. Both coins are actually brass; the terms are purely a quirky Korean numismatic jargon that was translated into English. Evidently, you can come upon the "brass" versions in higher condition than you can these "bronze" versions. I have found that to generally be the case, also. There is a color-tone difference between the two, and this one clearly is the "bronze" version. To make it clear that this is the "bronze" version, I am tempted to get it graded at NGC with a "metallurgical analysis" on the information tag in the holder, which is now a nice $75 "upgrade" that was once cited on the tag for free: The TPGs are obviously taking their cues from the airline industry with its fees for a checked bag, water, or oxygen to breathe on the plane. ...but I digress. Long story short, it's a condition rarity. And probably THE most expensive South Korean circulation coin in higher Mint State grades. If I had a coin business in South Korea, I could confidently sell this piece for about $1,400 USD. It might take a while, but it would sell. In the 15 or so years that I have been looking at these, this is in the top two that I have seen. In other words, I'm a lucky motherhubbard...[/QUOTE]
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