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50 Won

South Korea

1966–1970

Reference data compiled from public catalogs

Estimated Melt Value

$22.80

Based on Silver spot price ($79.15/oz) · 80.0% purity · 11.2g

Updated 10:13 PM

Collector premium not included

Specifications

CountrySouth Korea
Years Minted1966–1970
Composition80% silver, 20% copper
Weight11.2 g
Diameter26.5 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the rose of Sharon, the national flower of South Korea, along with inscriptions including the country name.

Reverse

Displays the denomination '50 Won' and the year of issue.

History & Notable Facts

What sets the 50 Won coin apart is its use of an 80% silver alloy for circulation in a developing economy, a choice that persisted from 1966 to 1970 despite rising metal prices making it a poor fit for pocket change.

That composition—silver and copper—meant these coins were prone to wear, especially in daily transactions. The Korea Mint struck them with the Rose of Sharon on the obverse and the denomination on the reverse, a straightforward design reflecting the era's austerity. Exact mintage numbers for certain years remain unclear; records from that period aren't always reliable.

Some collectors note the irony of a silver coin in widespread use, as if the government overlooked the inevitable hoarding.

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