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<p>[QUOTE="mlov43, post: 2831831, member: 16729"]I wanted to make this separate post to address an issue that came up about an Olympic silver coin [USER=15488]@sonlarson[/USER] shared in another thread.</p><p><br /></p><p><font size="4">His coin was the <b>South Korean 10,000 Won silver "Archery" coin, KM#62</b>, released with the fourth allotment (or series) of the 1988 Summer Olympics commemorative coins in July 1988. The Korean Daegwangsa catalog claims that the Korean Mint struck 109,570 in mint finish, and 209,490 in frosted proof finish. The coins in this fourth series are cited in all Korean numismatic literature as having 1988 dates. The Korean catalogs do not even mention the existence of an error (although this is common practice).</font></p><p><br /></p><p>However, there <i>was</i> an error in the minting of these coins.</p><p><br /></p><p>[ATTACH=full]667628[/ATTACH]</p><p><br /></p><p>Some are dated 1988 and some are dated 1987. Obviously, a mismatched obverse and reverse die-pairing of some sort. The "issue" here is that the Krause Publication's <i>Standard Catalog of World Coins</i> (39th Edition) listing for this coin has an addendum that states: "<u>Note: 1988 is an error date</u>" and lists $200 for the 1988 mint strike in UNC, while the 1987 mint strike is listed at $32. (Also the 1987 proof at $40; while the 1988 proof is $90).</p><p><br /></p><p>[ATTACH=full]667630[/ATTACH]</p><p><br /></p><p>However, this Korean blog post</p><p><a href="http://blog.naver.com/PostView.nhn?blogId=aerocomb&logNo=20100637431&parentCategoryNo=&categoryNo=66&viewDate=&isShowPopularPosts=false&from=postView" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://blog.naver.com/PostView.nhn?blogId=aerocomb&logNo=20100637431&parentCategoryNo=&categoryNo=66&viewDate=&isShowPopularPosts=false&from=postView" rel="nofollow">http://blog.naver.com/PostView.nhn?blogId=aerocomb&logNo=20100637431&parentCategoryNo=&categoryNo=66&viewDate=&isShowPopularPosts=false&from=postView</a>"</p><p>says that the 1987 is the more difficult coin to find in Korea, while 1988 is more common. It also says that Korean dealers have said that some American buyers had come to Korea in the past to buy up the 1988 Archery coins, probably led by the information published by Krause.</p><p><br /></p><p>I am inclined not to believe the information in the Krause catalog about this error, and especially because they have some glaring factual errors regarding the mintages for these Olympic coins, as if someone had just copied-and-pasted "117,500 mint / 227,500 proof" for all of them. The O-Sung and Daegwangsa catalogs cite identical mintage figures to each other, but totally different figures from Krause.</p><p><br /></p><p>The problem, it seems to me, is that the 1987-dated Archery coin should be considered the "error" in any case, since the other coins in the series it was issued with were all dated 1988 and released that year. Even the coins in the series prior were all dated 1988.</p><p><br /></p><p>So, is 1987 or 1988 the error date?</p><p><br /></p><p>Perhaps Krause is implying that the 1988-dated coins are fewer in number/condition and therefore have a higher value? And how would they know about rarity if they include both dates in their mintage figures?</p><p><br /></p><p>Where do <b>you </b>come down on this?[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 2831831, member: 16729"]I wanted to make this separate post to address an issue that came up about an Olympic silver coin [USER=15488]@sonlarson[/USER] shared in another thread. [SIZE=4]His coin was the [B]South Korean 10,000 Won silver "Archery" coin, KM#62[/B], released with the fourth allotment (or series) of the 1988 Summer Olympics commemorative coins in July 1988. The Korean Daegwangsa catalog claims that the Korean Mint struck 109,570 in mint finish, and 209,490 in frosted proof finish. The coins in this fourth series are cited in all Korean numismatic literature as having 1988 dates. The Korean catalogs do not even mention the existence of an error (although this is common practice).[/SIZE] However, there [I]was[/I] an error in the minting of these coins. [ATTACH=full]667628[/ATTACH] Some are dated 1988 and some are dated 1987. Obviously, a mismatched obverse and reverse die-pairing of some sort. The "issue" here is that the Krause Publication's [I]Standard Catalog of World Coins[/I] (39th Edition) listing for this coin has an addendum that states: "[U]Note: 1988 is an error date[/U]" and lists $200 for the 1988 mint strike in UNC, while the 1987 mint strike is listed at $32. (Also the 1987 proof at $40; while the 1988 proof is $90). [ATTACH=full]667630[/ATTACH] However, this Korean blog post [url]http://blog.naver.com/PostView.nhn?blogId=aerocomb&logNo=20100637431&parentCategoryNo=&categoryNo=66&viewDate=&isShowPopularPosts=false&from=postView[/url]" says that the 1987 is the more difficult coin to find in Korea, while 1988 is more common. It also says that Korean dealers have said that some American buyers had come to Korea in the past to buy up the 1988 Archery coins, probably led by the information published by Krause. I am inclined not to believe the information in the Krause catalog about this error, and especially because they have some glaring factual errors regarding the mintages for these Olympic coins, as if someone had just copied-and-pasted "117,500 mint / 227,500 proof" for all of them. The O-Sung and Daegwangsa catalogs cite identical mintage figures to each other, but totally different figures from Krause. The problem, it seems to me, is that the 1987-dated Archery coin should be considered the "error" in any case, since the other coins in the series it was issued with were all dated 1988 and released that year. Even the coins in the series prior were all dated 1988. So, is 1987 or 1988 the error date? Perhaps Krause is implying that the 1988-dated coins are fewer in number/condition and therefore have a higher value? And how would they know about rarity if they include both dates in their mintage figures? Where do [B]you [/B]come down on this?[/QUOTE]
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