500 Won obverseObverse

Image: Wikimedia Commons · Photo: Knowledgekid87500 Won Coin: The Bank of Korea500 Yen Coin: The Bank of Japan · Public domain

500 Won

South Korea

1982–1988

Reference data compiled from public catalogs

Specifications

CountrySouth Korea
Years Minted1982–1988
CompositionBimetallic: Outer ring aluminium bronze, center cupro-nickel
Weight9.6 g
Diameter26.75 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 '500 Won' and the year of issue.

History & Notable Facts

This 500 Won coin from South Korea was among the first in Asia to employ a bimetallic design, pairing a brass center with a nickel outer ring to thwart counterfeiting attempts.

That combination wasn't just for show; it reflected the country's push for secure currency amid its 1980s economic boom. Struck at the Korea Mint, these coins entered circulation starting in 1982, intended for everyday transactions rather than hoarding. We know production ran through 1988, but exact mintage figures for each year are murky—records from that era can be inconsistent.

As for the coin itself, it's unadorned by the myths some collectors spin; it's a practical piece, 26.5 millimeters across and weighing about 11.6 grams. No one knows precisely how many ended up in pockets versus souvenir drawers, but plenty circulated widely before newer designs took over. If you ask me, handling one still feels like a nod to solid engineering, not some legendary artifact.

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