Korean 10 Won Coin Value Guide

The 1961 South Korean 10 Won coin is a significant numismatic piece representing the nation's post-war recovery and economic modernization. Minted in bronze, it is uniquely dated 4294 according to the Dangun calendar, which honors the legendary founding of Korea.

What Is Korean 10 Won Coin Worth?

The typical price range for Korean 10 Won Coin is $10 - $12 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of the Dangun calendar year 4294 significantly impacts collector demand.
• Overall preservation of the bronze surfaces, including the presence of original luster or heavy oxidation.
• Historical significance as a relic of South Korea's early economic development and cultural identity.
• Market scarcity for coins in high-grade or uncirculated condition compared to circulated examples.

How to Identify Korean 10 Won Coin?

• Verify the bronze composition and the specific 1961 (4294) date on the reverse.
• Look for the Dangun calendar year '4294' which distinguishes it from later Gregorian-dated issues.
• Check for the '10' denomination and Korean script characteristic of early 1960s South Korean coinage.
• Examine the rim and strike quality to ensure it matches the official minting standards of the era.

History of Korean 10 Won Coin

The 10 Won coin, particularly those minted in the Dangun calendar era, represents a period of post-war recovery and economic development in South Korea. The Dangun calendar, based on the legendary founding of Korea, was used alongside the Gregorian calendar for a period, adding a unique historical layer to these coins. Coins from this era often reflect the early stages of a modernizing economy and are cherished by numismatists for their historical context.