1 Won

Historical Context: Issued during the presidency of Park Chung-hee, the 1966-1967 1 Won coin represents a pivotal period in South Korea's post-Korean War economic reconstruction. This era, often termed the "Miracle on the Han River," saw significant industrialization and rapid economic growth. The introduction of this new brass coinage series aimed to stabilize the national currency and support the burgeoning economy, marking a departure from earlier, more volatile monetary systems as the nation solidified its economic foundations.

Artistry: The design, likely executed by the Korea Minting and Security Printing Corporation (KOMSCO) design team, reflects a modern and nationalistic stylistic school. The obverse prominently features the Mugunghwa, or Rose of Sharon, South Korea's national flower, symbolizing resilience and prosperity. Its simple yet elegant portrayal is framed by the denomination. The reverse presents the denomination in Hangul alongside the Gregorian calendar year, maintaining a clear and functional aesthetic consistent with the nation's focus on progress and national identity.

Technical/Grading: For grading purposes, key high-points on the obverse include the central petals and delicate stamens of the Mugunghwa. On the reverse, the raised edges of the Hangul characters and numerals are susceptible to wear. Struck in brass, these coins typically exhibit a decent, though not always full, strike for a circulating issue. Original mint luster can be attractive on uncirculated examples, though brass is prone to toning. Collectors should note that minor planchet imperfections are occasionally observed, impacting overall eye appeal.