2045.48
0.35
22.99
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910.43
-6.70
1011.85
-4.15
02/26/2024 02:45:16 AM

South Korean Silver

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South Korean Silver at BGASC

At BGASC, you’ll find a great array of South Korean Silver. While KOMSCO mainly focuses on the currency of South Korea, in the 2010s, they started creating silver and gold bullion for investors. Now, they create several unique series such as the Chiwoo Cheonwang series, Zi:Sin series, and more. Learn all about South Korean Silver, right here at BGASC.

KOMSCO

KOMSCO, otherwise known as the Korea Minting, Security Printing, and ID Card Operating Corporation, creates all the South Korean Silver you’ll see at BGASC. Established in 1951, the main job of KOMSCO is to produce all the South Korean currency. The company is owned and operated by the government of South Korea. They recently expanded their responsibilities to the bullion world and now have several bullion medal programs under their belt.

Chiwoo Cheonwang Series

The most well-known KOMSCO series is their Chiwoo Cheonwang collection of medals. This series debuted in 2016 with just a 1 Troy oz weight. Medals are made from .999 pure silver.

The obverse always shows the Doggaebi shield, a shield that’s associated with Chiwoo Cheonwang. The reverse has a unique visual with every release, but they always feature Chiwoo.

Chiwoo Cheonwang is known as the god of war in Asian mythology. Chiwoo is depicted in various forms, most notably as having four eyes and six arms, wielding a weapon in each arm. In this series, he’s depicted in human form.

This series is devoid of face value. Instead, they use the term “clay” which in this case, can translate to Troy oz. For example, all the 1 oz medals in the series will display 1 clay on the obverse.

The Chiwoo Cheonwang series has a mintage cap for each issue. For the 1 oz BU strikes, the mintage is as follows:

  • 2016: 30,000
  • 2017: 50,000
  • 2018: 45,000
  • 2019: 33,000
  • 2020: 33,000
  • 2021: 40,000
  • 2022: 30,000
  • 2023: 30,000

Proof strikes are also available in sizes such as 1/2 oz, 2 oz, and 10 oz.

Zi:Sin Series

A lot of mints, such as the Perth Mint, will release annual lunar-themed coins based on the Chinese zodiac. KOMSCO has its own take on this, in the form of the Zi:Sin Series.

This 12-medal collection depicts the Twelve Guardians from Korean culture. Each guardian relates to one of 12 animals. Similar to the Chiwoo Cheonwang series, each release of the 1 oz BU strikes has a mintage cap which is as follows:

  • 2017: Gallus – Year of the Rooster. Mintage of 33,300.
  • 2018: Canis – Year of the Dog. Mintage of 40,000.
  • 2019: Scofra – Year of the Pig. Mintage of 40,000.
  • 2020: Rattus – Year of the Rat. Mintage of 22,000.
  • 2021: Taurus – Year of the Ox. Mintage of 20,000.
  • 2022: Tigris – Year of the Tiger. Mintage of 30,000.
  • 2023: Lepus – Year of the Rabbit. Mintage of 30,000.
  • 2024: Draco – Year of the Dragon.
  • 2025: Ophidia – Year of the Snake.
  • 2026: Equus – Year of the Horse.
  • 2027: Ovis – Year of the Goat.
  • 2028: Pithecus – Year of the Monkey.

Similar as well to the Chiwoo Cheonwang series, the obverse field always showcases the Doggaebi shield.

Tiger Series

One other popular KOMSCO series is their line of Tiger medallions. These medallions are issued every year in gold and silver options. The series displays a unique image of a tiger on the obverse, while the reverse depicts a stylized outline of the country. Each medal is made up of .999 pure silver.

The silver series debuted in 2018. Individual medals arrive in plastic flips. Whereas larger orders can be obtained in a tube of 25, or even a box of 250.

Buying South Korean Silver at BGASC

Any questions regarding South Korean Silver, contact the BGASC team today at 888-992-4272. Our dedicated team is also available via email or through our online chat feature.