1983 35th Anniversary of Republic 500 Won

This 1983 500 Won coin was struck in .925 fine silver, a material choice that echoed South Korea's economic strides at the time.

That silver content made it stand out among earlier commemoratives, which often used base metals for everyday circulation. The obverse bears the Republic's coat of arms; the reverse depicts a Taegeuk emblem flanked by laurel branches, symbolizing unity and achievement. We don't have precise mintage records—those might've been archived away in some forgotten Seoul basement.

As for design flaws, there are none worth noting; it's a solid piece. Some folks swear it's rarer than it is, but I've seen plenty over the years. Expect average wear on circulated examples, though proofs hold up better.