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10 000 Won 50th Anniversary
| Issuer | Bank of Korea |
|---|---|
| Year | 1998 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | New won (1962-date) |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 대한민국 50년 1948-1998 한국은행 · 만 원 |
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| Reverse script | Latin/Korean |
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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.