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The South Korea 5000 won 1987 KM#60 BU Olympic Stadium silver coin was issued to commemorate the Seoul Summer Olympics, which took place in the same year. The Seoul Olympics was a landmark event for South Korea, as it marked the first time the country hosted the Olympic Games. This coin is part of a series of commemorative issues designed to celebrate the national pride and global significance of the Games, highlighting the cultural and sporting achievements of the host nation. The 5000 won coin was minted as a testament to the importance of the Olympics, not only to South Korea but also to the international community, as it brought nations together through sports and mutual understanding.
The coin was struck in 1987 to honor the Olympic Games held in Seoul from September 17 to October 2, 1988. The design on the obverse of the coin features a detailed depiction of the Seoul Olympic Stadium, a central venue for many of the Games' events. The stadium was a symbol of South Korea's growing global presence and modernity. The reverse of the coin showcases the emblem of the 1988 Summer Olympics, known as the "Korean Tiger" emblem, which was designed to represent the nation’s strength and spirit. The use of silver in the coin’s composition adds to the coin's aesthetic value, as well as its symbolic representation of the purity and strength associated with the Olympic Games. The coin's striking design and historical context make it a highly sought-after item for collectors and numismatists around the world.
The 5000 won coin features the Olympic Stadium in a dynamic and attractive design, highlighting the architecture that defined the Seoul Olympics. The coin’s reverse features the stylized "Korean Tiger," which was a central element of the Olympic Games’ official emblem, representing power, bravery, and the determination of the South Korean people. The use of a tiger, a significant symbol in Korean culture, reflects the nation’s strength and resilience. Additionally, the year of the coin's release, 1987, is prominently displayed along with the word "Seoul" and the denomination of the coin. The coin’s design expertly combines both traditional Korean elements and modern Olympic symbolism, making it a unique and meaningful collector’s item.
Minted at the South Korean government mint, the 1987 South Korea 5000 won coin is composed of 92.5% silver, ensuring both durability and a high level of precious metal content. The coin has a diameter of 38 millimeters and weighs approximately 31.1 grams. This weight is consistent with other commemorative coins, making it not only a valuable collector’s item but also a reminder of the significance of the Olympics in the context of global history. The 5000 won coin was produced as part of a series of commemorative coins released to mark the Olympic Games, alongside other denominations that celebrated various aspects of the event, such as sporting achievements, cultural exchanges, and South Korea’s national identity.
In terms of mintage, the South Korea 5000 won 1987 coin is relatively limited, with the precise number of coins struck not being publicly disclosed. However, the coin is recognized as a significant piece of South Korean numismatic history due to its direct connection to the Seoul 1988 Olympics. The limited mintage of the coin, coupled with its striking design and historical relevance, has led to its desirability among collectors of Olympic memorabilia, numismatists, and enthusiasts of South Korean history. As with many commemorative coins, the mintage of the coin plays a significant role in determining its value over time, particularly when the coin is in uncirculated or proof condition.
The coin’s condition is a critical factor in determining its market value. A coin in Brilliant Uncirculated (BU) condition, like this 5000 won coin, retains its original mint luster and has minimal signs of wear. This condition is ideal for collectors who seek coins with a high level of preservation, as the original design and details are clearly visible and undisturbed. The coin is often kept in protective packaging to preserve its quality, ensuring it remains in top condition for collectors. The BU status signifies that the coin was carefully handled during its minting process and that it has been well-preserved since its release. The fine detailing of the Olympic Stadium and the "Korean Tiger" emblem is sharp and clear, showcasing the artistic quality of the coin’s design.
The value of the South Korea 5000 won 1987 coin, particularly in BU condition, has steadily appreciated over time due to its historical significance and limited mintage. As a commemorative coin, it is highly sought after not only for its precious metal content but also for its association with the 1988 Seoul Olympics, a major global sporting event that had lasting effects on South Korea’s cultural and international stature. The coin is a symbol of South Korea's rise to prominence on the world stage, and its connection to the Olympics adds to its intrinsic value. Collectors of Olympic coins and modern commemorative issues will find this coin to be a key addition to their collections.
The coin’s design, history, and condition make it an exceptional piece for any collector. As a tangible piece of the 1988 Seoul Olympics, it represents not only the spirit of the Games but also South Korea’s place in the global sporting community. The design, with its emphasis on the Olympic Stadium and the Korean Tiger emblem, captures the essence of the Games while paying tribute to South Korea’s rich cultural heritage. The limited mintage and BU condition further contribute to its appeal, making it a highly desirable piece for those interested in Olympic memorabilia, numismatic history, and modern coinage from South Korea. Whether as part of a comprehensive Olympic coin collection or as a standalone item, the South Korea 5000 won 1987 coin remains a highly collectible and valuable piece of numismatic history.