The collecting of international numismatic items (coins, currency and exonumia) can be a fun and interesting hobby. Anyone with a desire to learn of the history of civilizations and countries can learn what was considered to be so important that their money proudly displayed it. Others wish to learn or teach finer details of unique coins. Education and the sharing of knowledge is a primary focus of NI, with the scholarly NI Bulletin, the library and the publications. In addition, the semi-annual Bid Sale allows members to acquire items of interest or to sell excess numismatic items. This is done in a spirit of friendship with members who have similar interests.
For a summary of Numismatics International and member benefits, please download the NI Brochure
Numismatics International’s Coin Spotlight:
KOREA - Dae Dong Two Chon silver with Blue Enamel - 1882
With the opening of the "Hermit Kingdom" to Western traders and religious evangelists, Korean officials attempted to modernize the traditional cash coinage in use for almost a thousand years. The Tae Dong Treasury Department, under the leadership of King Gojong, designed these unique cast silver coins to which they added a spot of colored enamel which necessitated an oven treatment to melt and solidify the 'cloisonne' enamel. Therefore, these coins may be the first 'colorized' coins ever to be manufactured. They were issued in three denominations, sizes, and colors. All denominations can be found in all three colors, making assembly of a super complete set a real challenge due to their scarcity. A slimmed set would consist of the three denominations in three different colors, or perhaps the three denominations in a single color. The three denominations are 1, 2, & 3 Chon and the enamel colors are Black, Blue, and Green, with their scarcities following in that order. These unique coins were manufactured for only a few months in 1882 - 1883. Silver prices were rising and the cost of manufacture was prohibitive. This resulted in these coins being hoarded by the ruling class and shipped overseas, mainly to Japan. The uncolored obverse is read from top, bottom, right then left. In this specimen we see Tae (Dae) Dong (t,b), which means "Great East" (Great Eastern Kingdom) and two (=) Chon. The reverse features the blue enameled center over the character "Ho" for Hojo (Treasury Department). This example (KM#1082) weights 6.8 grams and has a diameter of 27.5 mm. This one was encapsulated by PCGS as MS 61, which is a rather high grade for these types. I've managed to assemble the two slim sets that I've described; all denominations in high grade and all colors, and the three denominations all in the scarcest color of green. You can see these at the following LINK, (4 pages) were you can see and obtain more information on Korean coins.
The NI Bulletin:
The January/February 2020 edition of the NI Bulletin is now available on this website for members to download. The January/February 2020 NI Bulletin includes the following articles:
- Brexit, and Troy Weight (Part I), by Robert Tye
- Rothsay Merchant Countermarks, By Eric C. Hodge
If you are not an Numismatics International member, and you wish to view a sample of the NI Bulletin, please visit the "NI Bulletin Sample" page on this website.