South Korea 1987 Gold 50K Won Olympics Seoul Gate NGC PF70 Top Pop

Description

South Korea 1987 Gold Proof Coin Olympics Seoul - Great South Gate
Denomination:
50,000 Won
Authenticity of this coin is guaranteed by NGC
Numismatic Guaranty Corporation
Graded as PF 70 Ultra Cameo - coin is in
perfect condition
,  The highest graded Coin!
Composition: Gold 0.925
Weight: 33.62 g. AGW: 0.9998 oz
Diameter: 33 mm
Catalog Reference: KM# 65
Mintage: 30,000
Commemorative issue:
Olympic Games 1988 in Seoul
Obverse:
Arms above floral spray
Reverse:
Great South gate
Lettering:
XXIV OLYMPIAD SEOUL 1988
50000 WON
Look at my 100% Positive feedback and bid with confidence!
South Korea
, officially the
Republic of Korea
, is a country in
East Asia
, constituting the southern part of the
Korean Peninsula
.
The name
Korea
is derived from
Goryeo
, a dynasty which ruled in the Middle Ages. It shares land borders with
North Korea
to the north, and oversea borders with
China
to the west and
Japan
to the east. South Korea lies in the
north temperate zone
with a predominantly mountainous terrain. Roughly half of the country's 50 million people reside in the metropolitan area surrounding its capital, the
Seoul Capital Area
, which is the
second largest in the world
with over 25 million residents.
The
won
(
sign
:
₩
;
code
:
KRW
) is the currency of
South Korea
. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates.
The old "won" was a
cognate
of the
Chinese yuan
and
Japanese yen
. It is derived from the
Hanja
, itself a cognate of the Chinese character (yuan) which means "round shape." The won was subdivided into 100
jeon
, itself a cognate of the Chinese character (qian) which means "money" and also used as a unit of money in the ancient times. The current won (1962 to present) is written in hangul only.