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Lot
24532

Korea: Russian Domination, Kuang Mu copper Pattern 10 Won Year 7 (1903),...

2011 September Long Beach Signature World & Ancient Coins Auction #3015

 
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Auction Ended On: Sep 8, 2011
Item Activity: 3 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
300 E. Ocean Blvd.
Long Beach, CA 90802

 

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Description:
Exceedingly Rare Russian Influence Copper Pattern 10 Won 1903
Russian Domination, Kuang Mu copper Pattern 10 Won Year 7 (1903), Unlisted in Krause (although NGC has listed this as KM-Pn34, that is incorrect, as Pn34 is Year 5, and this piece is Year 7) and the The Catalog of Korean Coins and Banknotes, Russian eagle/Value in wreath, MS64 Brown NGC. Listed in J&V as AC3. Well struck, with traces of mint red color around the devices. The only flaw worthy of mention is a dark spot in the right reverse field. This is the only example of this Pattern for a Russian influence 10 Won gold coin that we have ever offered, or seen for sale in a previous auction

Increased Russian influence in Korea from 1896-1904 resulted in three types of regulars issue coins being struck in fairly large quantities. Few of these were ever released, and very few survive. This Russian threat was eliminated by the Russo-Japanese War in 1904-05, and Japan maintained a protectorate in Korea until after World War II. No gold coins were struck during the Russian domination, and this example and the following 20 Won Pattern, are the only two examples of coins struck during this period meant as possible gold coins.

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