rieldeal

8 months ago

CURRENCY

Untitled Item

Key Facts & Value

Key Fact

Historical significanceThe 500 Won coin was introduced in South Korea in 1982, primarily to facilitate commerce and ease transactions in a rapidly growing economy. The coin features a crane on one side, a symbol of longevity and good fortune in Korean culture, and the denomination prominently displayed on the other. Its introduction coincided with a period of economic transformation in South Korea, shifting from an agrarian society to an industrial powerhouse.

Cultural symbolismThe crane depicted on the coin is not only significant for its aesthetic appeal but also for its deep-rooted meaning in East Asian cultures. In Korean tradition, cranes are often associated with wisdom and fidelity, making this coin a cherished item beyond its monetary value.

Material compositionThe 500 Won coin is made of a nickel-brass alloy, giving it a distinct weight and feel. This composition is not only durable but also helps the coin maintain its quality over time, making it a popular choice among collectors.

Value Fact

The value of the 500 Won coin from 1983 can vary significantly based on its condition and rarity. Typically, coins in uncirculated condition are more sought after, making them potentially more valuable to collectors. Factors such as historical significance, demand among collectors, and the coin's overall condition play crucial roles in determining its market value. Coins that tell a story or represent a unique aspect of a nation's history tend to attract higher prices in auctions and private sales.

Unique historical context and cultural symbolism enhance the coin's allure, often leading collectors to pay a premium for items that connect them to South Korea's dynamic transformation during the 1980s.

Item Details

Official Details

CategoryCurrency

Year1983

Country of OriginSouth Korea

Length-

Width-

Weight-

Denomination500

CurrencyWon

Thickness-

Designer-

Currency Series-

Distribution-

Currency Variant-

Printer-

Currency Obverse500

Currency ReverseCrane

CompositionNickel

Era-

Currency TitleSouth Korean Won

Variation Details

Grading Company-

Grade-

Krause Number-

rieldeal Details

Certification Number-

Currency Serial Number-

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