The Revival of Gold and Silver Commemorative Coins in Ten Years

Hello, this is Yeony. Gold and silver commemorative coins will be produced 10 years after the 2002 Busan Asian Games and 2002 Korea-Japan World Cup. What’s the reason for 10 year commemorative coins to be issued? It is the Yeosu Expo, held in Yeosu in 2012. The commemorative coins of 2012 Yeosu Expo, engraved with the theme of “The Living Coast and Ocean”, will be issued through the Bank of Korea.

There will be 6 types of commemorative coins: two types of gold coins (1/2 ounce and 1/4 ounce), three types of silver coins (1 ounce and 2 types of 1/2 ounce), and one type of tri-metal coin, on which the designs of the exhibition hall and the mascots ‘Yeony’ and ‘Suny’ will be engraved. I feel shy that mine and Suny’s faces will be engraved on the commemorative coins!

The gold coins and 1 ounce silver coins are being issued to commemorate the 10 year anniversaries of the 2002 Korea-Japan World Cup and the 2002 Busan Asian Games, and the ½ ounce silver coins are being issued to commemorate the 19 years that have passed since the 1993 Taejon Expo, the first Expo held in Korea. The 2012 Yeosu Expo commemorative coins are expected to have the highest possession value among all premium commemorative coins in history by issuing the smallest number of coins per type.

The maximum number of issued coins will be 6,000 ½ ounce gold coins, 10,000 ¼ ounce gold coins, 20,000 1 ounce silver coins, 40,000 ½ ounce silver coins, and 137,512 tri-metal coins, so those wishing to purchase commemorative coins of Yeosu Expo should act fast.

The latest coinage technologies will be introduced for the first time in Korea through the commemorative coins of Yeosu Expo. The latent image technology applied in the two types of ½ ounce silver coins allows one to view a changing image depending on the angle. Moreover, the tri-metal coin, which uses three types of different metallic materials (copper, zinc, and nickel), will be the first of this kind presented in Korea.

The two types of ½ ounce silver coins are made by using latent image technology and the architectonic beauty is enhanced by arranging the letters ‘YEOSU’ and ‘EXPO’ respectively with the Korea Pavilion and the Theme Pavilion. On the tri-metal coins, ‘Yeony’ and ‘Suny,’ the official mascots of the Expo, are engraved.

The ½ ounce gold coins use the International Pavilion, the exhibition venue for approximately 100 participating nations, as the featured image and the ¼ ounce gold coins use the coastal waters of Ohdong-do as the background to express The Big-O, which is the representative and symbolic venue of Yeosu Expo.

The commemorative coins were made to increase the possession value by adding design and creativity to the latest technology applied for the first time in Korea. In particular, it seems as though the gold coins and 1 ounce silver coins will attract more attention since they are issued in small quantities only for large-scale international events.

The commemorative coins of Yeosu Expo will be sold based on reservations from February to March 2012 on a first-come, first-served basis. As the possession value is expected to be high due to the small amount of issuance, those wishing to purchase a commemorative coin should act fast. Inquiries for the commemorative coins can be made at orayu@expo2012.or.kr. This was Yeony.

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