Korea (1902) 5 chon
This specimen was lot 32296 in Heritage sale 3081 (New York, January 2020), where it did not sell. The catalog description[1] noted, "Korea: Russian Domination. Kuang Mu copper-nickel 5 Chon Year 6 (1902) XF45 NGC. Light gray patina with sharp definition and a few light marks. Increased Russian influence in Korea, from 1896-1904, resulted in three types of coins (1 Chon, 5 Chon, and 1/2 Won) being struck with a Russian eagle in place of the Japanese style dragon. These pieces were one-year types authorized and issued by financial advisor Alexiev of the Russo-Korean Bank. All are very rare with very few of the actual mintages ever being noted. We are pleased to offer this exceptional 5 Chon, its detail far deeper than the technical grade would suggest with even minute aspects of the devices fully rendered."
Recorded mintage: 2,800,000.
Specification: 4.3 g, copper-nickel.
Catalog reference: KM 1122.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Auction 3081, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.
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