1991 Korean War Memorial Coin Uncirculated Silver Dollar
Introduction
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar is a special commemorative coin created to honor the Korean War veterans. It was issued by the United States Mint in 1991, marking the 38th anniversary of the Korean War armistice. The coin was minted in honor of those who served and sacrificed in the Korean War, and a portion of the proceeds was designated to support the construction of the Korean War Veterans Memorial in Washington, D.C.
The Design
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar was designed by John Mercanti, who was the Chief Engraver of the United States Mint at the time. The obverse of the coin features a soldier from the Korean War with a mountainous landscape in the background. The reverse of the coin shows the Korean War Veterans Memorial with a wreath and the words "KOREAN WAR VETERANS MEMORIAL" inscribed above it.
The Specifications
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar has a weight of 26.73 grams and a diameter of 38.1 millimeters. It is made of 90% silver and 10% copper, giving it a silver content of 0.77344 troy ounces. The coin has a reeded edge and a face value of one dollar.
The Release
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar was released on July 10, 1991. A total of 618,488 coins were produced, with 400,000 of them being uncirculated silver dollars. The remaining 218,488 coins were proof silver dollars, which were sold at a higher price due to their limited mintage and exceptional quality.
The Significance
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar holds significant historical and sentimental value for many people. It serves as a reminder of the sacrifices made by the Korean War veterans and their families. The coin also helped fund the construction of the Korean War Veterans Memorial in Washington, D.C., which was dedicated on July 27, 1995. The memorial stands as a tribute to the over 36,000 Americans who died during the Korean War and the millions of Koreans who were affected by the conflict.
The Value
The value of the 1991 Korean War Memorial Coin Uncirculated Silver Dollar varies depending on its condition and rarity. As of 2021, the uncirculated silver dollar is worth around $30-$40, while the proof silver dollar can fetch upwards of $100 or more. Collectors may also be interested in obtaining the coin as part of a set, such as the 1991 Korean War Memorial Silver Dollar Commemorative Proof Set, which includes a proof silver dollar, a clad half dollar, and a clad copper-nickel dollar.
The Legacy
The 1991 Korean War Memorial Coin Uncirculated Silver Dollar continues to serve as a lasting tribute to the Korean War veterans and their families. The coin, along with the Korean War Veterans Memorial, stands as a reminder of the sacrifices made during the conflict and the importance of honoring those who have served our country. As time passes, the coin will continue to hold its historical and sentimental value, reminding us of the bravery and sacrifice of those who served in the Korean War.
