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<p>[QUOTE="mlov43, post: 7908563, member: 16729"]The 2021 Bank of Korea (BOK) Mint Set has been released.</p><p><br /></p><p>I finally got one. This one is even MORE hard to find and obtain than the 2020 70th Anniversary of the BOK Coin Set (proof set). This 2021 BOK mint set is already selling in the South Korean numismatic market for 350,000 KRW, right out of the gate! (The Korean Mint sold them at their website for only 10,000 KRW -about $9 bucks).</p><p><br /></p><p>The dang thing cost me, in trade with a Korean friend, one Innovation Dollars folder, one State Quarters and Territories folder, One Presidential Dollars folder, and one National Parks quarters folder...INCLUDING the coins to go in 'em (no proofs, and one coin each, not each mint mark, thank God). To be fair, he gave me a bunch of nice extras with the 2021 mint set.</p><p><br /></p><p><b>What happened to make this 2021 set so expensive in the Korean numismatic market so soon? </b></p><p><br /></p><p>Well, someone at the Korean Mint publicly released to Korea's numismatic "insiders" some information that revealed the absence of a large order for coin blanks for the 100-Won coin from their industry source (Poongsan Metals). This meant that the few 100-Won coins in this year's 2021 BOK mint set (60,000 sets total) will make this set a very high-demand item, especially in the context of numismatics EXPLODING in popularity in South Korea nowadays.</p><p><br /></p><p>The "insider sources" say that there will only be 100,000 100-Won coins minted in 2021.</p><p><br /></p><p>The low mintage is likely due to the gradually-applied "Coinless Society Plan," and because the 100-Won coin will soon be re-designed for reasons I elucidated in an earlier post. 2021 is probably the last year that this particular 100-Won design (dating from 1983) will be issued.</p><p>See:</p><p><a href="https://www.cointalk.com/threads/cancel-culture-the-100-won-coins-image-is-to-be-redone.370200/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/cancel-culture-the-100-won-coins-image-is-to-be-redone.370200/">https://www.cointalk.com/threads/cancel-culture-the-100-won-coins-image-is-to-be-redone.370200/</a></p><p><br /></p><p>Without further ado, here are pics...</p><p>[ATTACH]1365070[/ATTACH]</p><p><br /></p><p>[ATTACH]1365071[/ATTACH]</p><p><br /></p><p>[ATTACH]1365072[/ATTACH]</p><p><br /></p><p>[ATTACH]1365073[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 7908563, member: 16729"]The 2021 Bank of Korea (BOK) Mint Set has been released. I finally got one. This one is even MORE hard to find and obtain than the 2020 70th Anniversary of the BOK Coin Set (proof set). This 2021 BOK mint set is already selling in the South Korean numismatic market for 350,000 KRW, right out of the gate! (The Korean Mint sold them at their website for only 10,000 KRW -about $9 bucks). The dang thing cost me, in trade with a Korean friend, one Innovation Dollars folder, one State Quarters and Territories folder, One Presidential Dollars folder, and one National Parks quarters folder...INCLUDING the coins to go in 'em (no proofs, and one coin each, not each mint mark, thank God). To be fair, he gave me a bunch of nice extras with the 2021 mint set. [B]What happened to make this 2021 set so expensive in the Korean numismatic market so soon? [/B] Well, someone at the Korean Mint publicly released to Korea's numismatic "insiders" some information that revealed the absence of a large order for coin blanks for the 100-Won coin from their industry source (Poongsan Metals). This meant that the few 100-Won coins in this year's 2021 BOK mint set (60,000 sets total) will make this set a very high-demand item, especially in the context of numismatics EXPLODING in popularity in South Korea nowadays. The "insider sources" say that there will only be 100,000 100-Won coins minted in 2021. The low mintage is likely due to the gradually-applied "Coinless Society Plan," and because the 100-Won coin will soon be re-designed for reasons I elucidated in an earlier post. 2021 is probably the last year that this particular 100-Won design (dating from 1983) will be issued. See: [URL]https://www.cointalk.com/threads/cancel-culture-the-100-won-coins-image-is-to-be-redone.370200/[/URL] Without further ado, here are pics... [ATTACH]1365070[/ATTACH] [ATTACH]1365071[/ATTACH] [ATTACH]1365072[/ATTACH] [ATTACH]1365073[/ATTACH][/QUOTE]
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