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<p>[QUOTE=&quot;gxseries, post: 2038272, member: 4373&quot;]The original coins struck from 1892 - 1902 were struck in Korea under the supervision of Japanese mint officers. (excluding various pattern coins) This was actually requested by the Emperor to ensure that the Korean mints caught up to speed with the latest technology. </p><p><br /></p><p>However it was deemed to be uneconomical to operate three different mints. From 1905 onwards, all coins were struck in Osaka, Japan. </p><p><br /></p><p>As of the origins of the nickel copper coins - I have been struggling to find proper references. Krause noted that these coins were authorized by the Korean government. I have difficulties believing in this as I am trying to find the original source of reference. While there may have been a batch that were struck in Japan and then shipped over to Korea, I suspect the nickel price collapse has made it feasible for counterfeiters to make a fat profit out of it. As of who did it, I don&#039;t know. Did the Japanese, Russians or Chinese do it? Possibly. Nevertheless, it is only this particular year that is heavily counterfeited. As of why this year - I suppose this is the year when nickel price collapsed. </p><p><br /></p><p>The Russo-Korean coinage is another different story. A Russo-Korea bank was setup at around 1898. These coins were struck in Korea around 1901 under the authorization of Alexiev who was the financial adviser. These were not favored by the public due to the anti-Russian sentiment and the bank did not last too long.&nbsp; </p><p><br /></p><p>This may be of interesting read: <a href="http://www.ha.com/heritage-auctions-press-releases-and-news/exceptionally-rare-korean-coin-to-be-offered-at-auction-.s?releaseId=1122" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ha.com/heritage-auctions-press-releases-and-news/exceptionally-rare-korean-coin-to-be-offered-at-auction-.s?releaseId=1122" rel="nofollow">http://www.ha.com/heritage-auctions-press-releases-and-news/exceptionally-rare-korean-coin-to-be-offered-at-auction-.s?releaseId=1122</a></p><p><br /></p><p>That said, I did forget to mention that your 1905 5 chon is one of the finest coin that I have seen. In fact, it could be a highlight in your collection. Somewhat underrated in my opinion.[/QUOTE]</p><p><br /></p>

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