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<p>[QUOTE=&quot;mlov43, post: 2899513, member: 16729&quot;]South Korea</p><p>50-Hwan (10/30/1959 to 7/11/1962)</p><p>Later circulated as &quot;Five-Won&quot; (8/28/1962 to 3/22/1975)</p><p>Diameter: 22.86mm</p><p>Thickness: 1.27mm</p><p>Weight: 3.69g</p><p>Obverse Design:&nbsp; 16th Century Joseon Royal Navy &quot;Turtle Ship&quot;</p><p>Reverse Design:&nbsp; Denomination numeral and arabesque pattern.</p><p>[ATTACH=full]698169[/ATTACH]</p><p>[ATTACH=full]698170[/ATTACH]</p><p>Having taken over the South Korean government in a coup detat, General Park Chung-hee inspects crates of U.S. Philadelphia Mint-made 50-Hwan coins (still in their U.S.-made wooden boxes) in the Bank of Korea&#039;s vaults;&nbsp; January 1962.&nbsp; The Governor of the central bank (on the right, wearing glasses) was appointed by Park a few months before.&nbsp; At this time, these two were hatching a secret currency-reform plan in which these coins would be re-valued downward at a 10 to 1 rate, and circulate as &quot;Five-Won&quot; coins.[/QUOTE]</p><p><br /></p>

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