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Can you purchase interesting coins with "minimum wage"?
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<p>[QUOTE="mlov43, post: 3127759, member: 16729"]I could look up the average wage in the 60s, but there's no need: It's pretty safe to say it wasn't much. If someone had collected (and kept preserved in mint luster!) quantities of those early brass coins from 1966~1975, they'd absolutely be pretty happy campers. Two things that I noticed about these coins and their collectors, though:</p><p><br /></p><p>1) It seems that cleaning was popular in Korea back then, and probably because of inadequate storage of those easily-tarnished brass coins in Korea's humid rainy season climate in the Summer. So, it's not likely that large numbers of these rather delicate brass coins survived in good condition by staying in Korea.</p><p>and,</p><p>2) Most of the best-condition and highest-grade South Korean coins were (I think <b>still</b> are) to be found in the United States (occasionally in Europe) for some reason. Now that coin collecting has gotten popular in Korea, many of those pieces are starting to migrate back to Korea, where they sell for between $50 and $1,500.[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 3127759, member: 16729"]I could look up the average wage in the 60s, but there's no need: It's pretty safe to say it wasn't much. If someone had collected (and kept preserved in mint luster!) quantities of those early brass coins from 1966~1975, they'd absolutely be pretty happy campers. Two things that I noticed about these coins and their collectors, though: 1) It seems that cleaning was popular in Korea back then, and probably because of inadequate storage of those easily-tarnished brass coins in Korea's humid rainy season climate in the Summer. So, it's not likely that large numbers of these rather delicate brass coins survived in good condition by staying in Korea. and, 2) Most of the best-condition and highest-grade South Korean coins were (I think [B]still[/B] are) to be found in the United States (occasionally in Europe) for some reason. Now that coin collecting has gotten popular in Korea, many of those pieces are starting to migrate back to Korea, where they sell for between $50 and $1,500.[/QUOTE]
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