1991 Korean War Memorial Coin Uncirculated Silver Dollar Value

Introduction

The 1991 Korean War Memorial Coin is a commemorative silver dollar that was issued by the United States Mint to honor the brave men and women who served in the Korean War. This coin is highly sought after by collectors and investors alike due to its rarity and historical significance.

Background

The Korean War was fought between North Korea and South Korea from 1950 to 1953. The war was a result of the Cold War tensions between the Soviet Union and the United States. The United States led a coalition of UN forces to support South Korea, while China and the Soviet Union supported North Korea.The war resulted in the loss of many lives on both sides, with estimates varying between 2.5 to 5 million. The armistice agreement was signed on July 27, 1953, which ended the fighting but did not result in a peace treaty.

Design

The obverse of the coin features a soldier in full combat gear with a rifle on his shoulder, standing in front of a map of Korea. The reverse features the Korean War Veterans Memorial in Washington, D.C., with the words "KOREAN WAR MEMORIAL" and "UNITED STATES OF AMERICA" inscribed.The coin was designed by John Mercanti, who was the chief engraver of the United States Mint at the time. The coin has a diameter of 38.1mm and a weight of 26.73 grams.

Uncirculated Silver Dollar Value

The 1991 Korean War Memorial Coin is an uncirculated silver dollar that was minted in Philadelphia. The coin was produced in limited quantities, with a total mintage of 618,488.As of 2021, the value of the uncirculated silver dollar is around $50 to $60. However, the value can vary depending on the condition of the coin and the demand from collectors.

Collecting Tips

If you are interested in collecting the 1991 Korean War Memorial Coin, there are a few things to keep in mind. First, make sure to purchase the coin from a reputable dealer to ensure that it is genuine. Second, consider purchasing a graded coin from a third-party grading service to ensure the authenticity and condition of the coin.Finally, keep the coin in a protective case to prevent damage and store it in a cool, dry place to preserve its value.

Conclusion

The 1991 Korean War Memorial Coin is a valuable and historically significant coin that honors the brave men and women who served in the Korean War. If you are interested in collecting coins, consider adding this rare and sought-after coin to your collection.