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1989 UNESCO 500 Won

South Korea

1989

Reference data compiled from public catalogs

Estimated Melt Value

$66.69

Based on Silver spot price ($78.96/oz) · 92.5% purity · 28.4g

Updated 10:08 PM

Collector premium not included

Specifications

CountrySouth Korea
Years Minted1989
Composition92.5% silver
Weight28.4 g
Diameter38 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the national emblem of South Korea and inscriptions.

Reverse

Depicts the UNESCO theme, including elements related to education and culture.

History & Notable Facts

This 500 Won coin from South Korea in 1989 commemorates the 40th anniversary of UNESCO, highlighting the organization's focus on education and cultural exchange through its design elements like a stylized book and globe.

The obverse features the inscription "Republic of Korea" alongside the year, while the reverse depicts UNESCO's emblem with Korean script. It's struck in copper-nickel, a practical choice for circulation that kept production costs down. I've handled dozens of these; they're unassuming but well-made.

Exact mintage figures are murky—official records from that era aren't always precise. What I can say is that it wasn't a limited run, as these turned up in everyday change for a while.

Collectors sometimes overstate its rarity, which gets old after thirty years in the trade. It's just a solid commemorative, not a myth.

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