1/10 oz Gold Chiwoo Cheonwang

The 1/10 oz Gold Chiwoo Cheonwang is a popular gold bullion coin series from South Korea, first introduced by the Korea Minting and Security Printing Corporation (KOMSCO) in 2016. The coin features the legendary Korean warrior Chiwoo Cheonwang, symbolizing strength and protection, making it an attractive choice for both collectors and investors.

Design and Specifications

• Obverse (front): Features the image of Chiwoo Cheonwang in full armor, often depicted in dynamic poses. The design includes intricate details of his armor and weaponry, along with the year of issue.
• Reverse (back): Showcases the emblem of Do ggae bi, a mythical creature believed to ward off evil spirits, along with the weight, fineness, and denomination in Korean won.
• Weight: 3.11 grams
• Gold Content: 0.1 troy ounces of pure gold
• Fineness: 99.99% gold (0.9999 fineness)

Mint Marks and Varieties

The 1/10 oz Gold Chiwoo Cheonwang is produced exclusively by KOMSCO, so there are no mint marks indicating different mints. However, each year may feature different design variations on the obverse, which can affect their desirability among collectors:

• 2016: The inaugural year, featuring Chiwoo Cheonwang standing with a shield and a spear.
• 2017: Depicts Chiwoo Cheonwang on horseback, charging into battle.
• 2018: Shows a close-up of Chiwoo Cheonwang in a defensive stance with his shield raised.
• 2019: Features Chiwoo Cheonwang holding a large shield and sword, ready for combat.
• 2020: Illustrates Chiwoo Cheonwang in an aggressive stance, wielding a large sword.
• 2021: Depicts Chiwoo Cheonwang in a dynamic pose, symbolizing protection and vigilance.

Collectible Varieties

• Different Year Designs: Each year’s unique design makes specific issues more collectible. Early years, like 2016 and 2017, are especially prized due to their lower initial mintages and inaugural status.
• Limited Mintages: Certain years have limited mintages, making them more desirable. For example, the 2016 issue is highly sought after because it marked the beginning of the series.

Common Dates vs. Rare Dates

The value of the 1/10 oz Gold Chiwoo Cheonwang can be influenced by the year of mintage. Common dates, typically from years with higher mintages, are more readily available:

• 2018 and 2019: These years had higher mintages compared to the earlier issues, making them more common in the market.
• 2020 and 2021: Also more common due to increased production to meet growing demand.

Rare Dates and Varieties

Some years are considered rare and command higher premiums due to their lower mintages or special significance:

• 2016: The inaugural release is highly sought after and often trades at a premium due to its significance and lower mintage.
• 2017: The second year of the series, featuring a dynamic horseback design, is also considered more collectible.

Various Grades and Values

The value of the 1/10 oz Gold Chiwoo Cheonwang varies based on its condition (grade), rarity, and year of mintage. Here is a general estimate of the value based on grades for common-date coins:

• Good (G): $180-200
• Fine (F): $200-220
• Extremely Fine (XF): $220-240
• About Uncirculated (AU): $240-260
• Brilliant Uncirculated (BU/MS): $260-300

Rare dates and key varieties can command significantly higher premiums, especially for coins

South Korea 1/10 oz Gold Chiwoo Cheonwang Auctions