Korea (1892) 5 yang

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Heritage sale 3024, lot 25087
photo courtesy Heritage Auction Galleries

This specimen was lot 25087 in Heritage sale 3024 (Chicago, April 2013), where it sold for $1,351.25. The catalog description[1] noted, "Yi Hyong 5 Yang Year 501 (1892), XF45 PCGS, bold features, cleaned long ago with hairlines on both sides. Very scarce and popular Asian crown." Korea, long a protectorate of the Chinese empire, was attempting to organize herself as a fully independent nation when she fell victim to the power struggle between Russia and Japan. Japanese influence, predominant after the Sino-Japanese war of 1895, was challenged by Russian expansionism in the late 1890's. This culminated in the Russo-Japanese war of 1905 and Russian defeat. Japan annexed Korea in 1910 and colonized her until 1945.

Recorded mintage: 20,000 plus proofs.

Specification: 26.95 g, 0.900 fine silver.

Catalog reference: KM 1114.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3021, featuring the Cecil Webster, Richard P. Ariagno and Elizabeth McPhall Charters Collection, Dallas: Heritage Auction Galleries, 2012.

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