The Silver Chiwoo Cheonwang is a new offering in the precious metals industry introduced in 2016. This silver medal from KOMSCO is backed by the government of South Korea and features the design of a deity whose history stretches deep into the cultural lore of the people of Korea. Right now, the 2017 1 oz Silver South Korean Chiwoo Cheonwang is available to purchase in near-perfect condition online at Silver.com.
- Ships to you in a protective plastic slab from NGC.
- Second issue of the Chiwoo Cheonwang Coin!
- Availability of certified coins is limited!
- Consists of One Troy ounce of .999 fine silver.
- Bears a grade of Mint State 69 from the Numismatic Guaranty Corporation.
- Obverse includes the shield of Cheonwang.
- Reverse features the full image of Chiwoo Cheonwang in mask, on a warhorse.
Each 2017 1 oz Silver South Korean Chiwoo Cheonwang listed here is considered a near-perfect specimen by the NGC. Products with a Mint State 69 grade exhibit full, original mint luster, but also feature a maximum of two minor detracting flaws that range from minuscule hairlines to contact marks found outside the primary focal areas.
The Silver Chiwoo Cheonwang debuted in 2016 from KOMSCO, the official refinery and mint of the Republic of Korea. The medals had a maximum mintage in 2016 of 30,000, but due to intense demand and brisk sales, KOMSCO expanded the mintage for this second-annual release to a total of 50,000 medals.
On the obverse of the 2017 issue of these silver coins mirrors the first year’s issue. You’ll find the impressively detailed image of Cheonwang’s fearsome mask, with engravings of the year of issue, metal content, weight, and nation of issue.
The reverse of the Chiwoo Cheonwang Silver coin for 2017 is a slight variation to the original design. The returning features include that of Chiwoo Cheonwang in his full armor with his mask on while he holds onto a large shield and spear in either hand, with his body featured riding atop a massive warhorse.
According to Korean legend, Chiwoo Cheonwang is the God of War and wears a demon-like mask. He possesses the ability to cast magical spells on individuals, and in modern Korean society he has become a symbol of the Red Devil fans of the nation’s soccer team.
KOMSCO was founded through full investment from the National Treasure of South Korea under a special law enacted in 1951. Today, the mint is the sole currency manufacturer for the Republic of Korea, and it operates under the direct control of the government in Seoul.
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