Catalog
10 000 Won 50th Anniversary
| Issuer | Bank of Korea |
|---|---|
| Year | 1998 |
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| Technique | Milled |
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| Obverse script | Korean/Latin |
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| Reverse description | The central field displays a bold stylised numeral '50' in high relief, integrated with a flying dove carrying a lotus blossom — a symbol of peace and the nation's aspirations — rendered in a clean, modern graphic style. Below the central device, the Korean legend '대한민국50년' is inscribed. The peripheral legend arching around the upper field reads 'THE 50th ANNIVERSARY OF THE REPUBLIC OF KOREA' in Latin characters. Along the lower rim, the date and denomination inscription '1948 · 10000 WON · 1998' appears, all contained within a plain raised border. |
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| Additional information |
Issued to mark the 50th anniversary of the Republic of Korea's founding, this piece arrived during one of the country's most acute financial crises — the IMF bailout year, when South Korea received a $58 billion emergency loan package and the won collapsed against the dollar. The government simultaneously ran a national gold-collection campaign, asking citizens to donate jewelry and personal gold reserves to shore up foreign exchange. Striking a silver commemorative while the public surrendered wedding rings to the state was not without irony.