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KOMSCO to Release Korean Tiger Bullion Series Medal in June
Bullion Coin
KOMSCO to Release Korean Tiger Bullion Series Medal in June
  • By Jung Min-hee
  • April 18, 2016, 01:15
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Kim Hwa dong, President of KOMSCO
Kim Hwa dong, President of KOMSCO

 

KOMSCO will produce three types of the tiger bullion coins in limited quantities to maximize the value of collection as its first bullion medal..
KOMSCO will produce three types of the tiger bullion coins in limited quantities to maximize the value of collection as its first bullion medal..

 

Korea Minting, Security Printing & ID Card Operating Corporation (KOMSCO) announced on Apr. 8 that it will release the Korean Tiger Bullion Series Medal in June.

KOMSCO was inspired by the bullion coin businesses from mints in major countries, including China, the U.S., and Canada. With a theme of the tiger, which is strongly associated with Korean people and Korean culture, the government-run corporation plans to regularly launch bullion medals every year using its coining manufacturing technologies and special anti-counterfeit technologies. Unlike commemorative coins, a bullion coin is a coin struck from precious metals, such as gold and silver, and kept as a store of value or an investment.

The price of the Korean Tiger Bullion Series Medal changes according to the market value of gold. It adds the value of the investment and collection at the same time in the medium and long-term point of view.

On the front, it has the profile of the tiger and on the back, the Korean peninsula is illustrated using Hangul, or the Korean script which is recognized as the most scientific writing system in the world.

In addition, it has used its traditional hall mark and latent image technology, which changes letters according to the angles, in order to prevent forgery. Through the strict quality control, the medal guarantees the high purity (Au 999.9) and accurate weight of gold.

In a bid to maximize the value of collection as its first bullion medal, KOMSCO will produce three types of the proof level in limited quantities. It will also make an effort to seek new markets overseas to expand its bullion medal business in the future.