South Korea South Korea 5 won, 1966-1970

1. Introduction: The South Korea 5 won coin minted between 1966 and 1970 holds significant historical and numismatic value. Issued by the Bank of Korea, this bronze coin offers a glimpse into South Korea's economic landscape during this period.
2. Historical Background: The Republic of Korea introduced the 5 won coin in 1966 to facilitate everyday transactions. This coin circulated until 1970, serving as a vital part of the country's currency system. The issuance of this coin coincided with South Korea's economic development and growth.
3. Design Features: The obverse of the coin features the denomination "오원" (5 won) along with the inscription "한국은행" (Bank of Korea). The reverse side displays the number "5" and the text "THE BANK OF KOREA." These designs symbolize the authority and stability of the Bank of Korea in managing the country's currency.
4. Technical Specifications: The South Korea 5 won coin weighs 2.95 grams and has a diameter of 20.40mm. Crafted from bronze, this coin exhibits durability and a classic appearance. The technical specifications of this coin contribute to its overall appeal to collectors and enthusiasts.
5. Collectible Value: Due to its limited mintage period, the South Korea 5 won coin is sought after by collectors interested in Korean numismatics. Its historical significance and unique design elements add to its collectible value. The rarity of this coin in the market enhances its desirability among numismatists.
6. Conclusion: In conclusion, the South Korea 5 won coin from 1966 to 1970 stands as a testament to South Korea's economic progress during that era. With its distinctive design and historical context, this bronze coin holds both monetary and historical significance. Collectors and enthusiasts value this coin for its rarity and unique representation of South Korean numismatic history.

Coin Images

Obverse

Reverse