Korea with Russian influence 5 chon (1902)

Discussion in 'World Coins' started by gxseries, Oct 17, 2022.

  1. gxseries

    gxseries Coin Collector

    This is one of those mystical white elephant coins that does not appear in the market. There's one on ebay at the moment but at an absurd price. Mine is holed but this is really hard to find in any condition.

    [​IMG]

    This is issued by the Russo-Korean bank dated 1902. You can see that it has an eagle influence similar to the Russian double head eagle. I don't know where it was struck but possibly in Korea. Supposedly the bank only lasted for a short period of time due to pressure from the English and Japanese.

    Coins struck in 1898

    [​IMG]

    Coins struck in 1905 (when Korea became a Japanese protectorate)

    [​IMG]

    Coinweek has reported on this

    https://coinweek.com/auctions-news/...mely-rare-russian-domination-of-korea-5-chon/

    Supposedly many of these coins were confiscated by the Japanese and melted down. It is not known how many still remain today but I can't imagine it to be in the thousands judging by the scarcity.
     
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  3. mlov43

    mlov43 주화 수집가

    Hey gx, we can't see your images of your holed Russian-pattern 5 Chon...
     
  4. gxseries

    gxseries Coin Collector

  5. mlov43

    mlov43 주화 수집가

  6. derkerlegand

    derkerlegand Well-Known Member

    here's your coin
    korea.jpg
     
    The Eidolon and mlov43 like this.
  7. gxseries

    gxseries Coin Collector

    Thanks derkerlegand. It's holed and plugged but I'm sure I'm not going to come across another example any time soon!
     
    derkerlegand and mlov43 like this.
  8. mlov43

    mlov43 주화 수집가

    I know I'll never find one that I'll ever be able to obtain!

    NICE SCORE!
     
    gxseries likes this.
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