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Korean 10,000 won silver coin, 1988 Seoul Olympics commemorative silver coin

Today's Purchase Price
MS
AU
XF
VF
¥10,000
¥9800
¥9500
¥9400
Cleaned
¥9300
Diameter :
Weight :
Purity :
Thickness :
40 mm
33.62 g
92.5% Silver
Product Description
Korean 10,000 Won Silver Coin
1988 Seoul Olympics Commemorative Silver Coin
### (Runner Design and Other Designs Available)
Buying – GoldSilverJapan
GoldSilverJapan offers fair purchases of Korean 10,000 Won Silver Coins, issued to commemorate the 1988 Seoul Olympics, regardless of the design.
This page focuses on the particularly popular "Runner" design, and explains in an easy-to-understand manner that the same 10,000 Won silver coin comes in multiple designs (events and motifs), and that GoldSilverJapan will appraise and purchase any design.
About the Korean 10,000 Won Silver Coin (1988)
The XXIV Olympiad Seoul 1988, held in Seoul, South Korea in 1988, was a historic event that marked a turning point internationally in the late Cold War. To commemorate the Olympics, the Bank of Korea issued several commemorative coins.
Among these, this 10,000 won silver coin meets the following criteria:
High face value
Large size
High-quality silver
About the Runner Design
The "Runner" design featured here is one of the most iconic and recognizable designs among the 10,000 won Seoul Olympics commemorative silver coins.
Meaning of the Design
The running figure (runner)
→ Symbolizes human challenge, effort, and progress
The words "XXIV OLYMPIAD SEOUL 1988"
→ Demonstrates the official status of this international event
Dynamic composition
→ High visual value among commemorative silver coins, which tend to be static
For these reasons, this design is popular even with first-time Olympic commemorative silver coin collectors.
Important: There are many other designs besides the runner.
The 10,000 won silver coin from the 1988 Seoul Olympics
doesn't just have one type of runner.
In fact, several different designs (series) have been issued, including those depicting sports events, traditional cultural and symbolic motifs, and designs expressing the Olympic spirit and Korean culture.
GoldSilverJapan's Policy
GoldSilverJapan evaluates the "10,000 won Seoul Olympic Silver Coin" as a whole series, and all designs, including the runner design and other sport and motif designs, are eligible for purchase.
Even if the design differs, as long as the basic specifications (weight and silver purity) are the same, we will provide an appraisal that accurately reflects the silver value and market valuation.
Obverse Features
The obverse features a design symbolizing Korea.
National Emblem of the Republic of Korea
Floral Motif (Decorative Design)
Hangul Inscription
This design makes it immediately clear that this is an official national commemorative coin.
Reverse Features (Runner Design)
The reverse features an image of a running athlete, and is inscribed with the words "XXIV OLYMPIAD SEOUL 1988" and "Face Value: 10,000 won."
This design has been internationally recognized as a highly recognizable Olympic commemorative design.
Basic Specifications (Important)
Country of Issue: Republic of Korea (Korea)
Year of Issue: 1986 (Issued before the Olympics)
Face Value: 10,000 won
Material: Silver (.925 Sterling Silver)
Weight: 33.62g
Diameter: 40mm
Shape: Round
Edge: Milled
Pure Silver Weight: Approximately 31.11g (approximately 1.00 troy ounce)
👉 It is roughly equivalent to a 1 troy ounce silver coin,
making it a highly desirable silver coin for investment.
Why is this silver coin so popular?
① International Olympic Commemoration
The Olympics is a global event,
and has universal value not limited to any particular country.
As a result, there are multiple demand groups for this coin:
Korean coin collectors
Olympic commemorative medal collectors
Silver investors
② High-Grade Silver x Large Size
.925 Silver
Approximately 1 troy ounce
These criteria make them very easy to handle in the modern silver coin and commemorative silver coin market.
③ Many Unused and Proof Items
This 10,000 won silver coin was issued as a non-circulating commemorative coin, not for circulation.
UNC (Unused)
Proof
A high proportion of these coins are also notable.
GoldSilverJapan's Appraisal Policy
GoldSilverJapan evaluates this silver coin based on the following criteria:
Pure silver weight (approximately 1 oz) x today's silver market price
Condition (UNC/Proof or not)
Presence/absence of case/accessories (limited)
Market supply and demand (Olympic and commemorative silver coin market)
👉 We will not significantly reduce the value due to differences in design.
Condition Considerations
In this series,
Market wear grades such as VG, F, and VF are rare.
In fact,
AU
UNC
Proof
Mainstream conditions are:
UNC (Unused)
No wear
Maintains as minted
Most common condition
Proof
Mirror finish
Clear contrast
Often stored in case since issuance
At GoldSilverJapan,
we clearly distinguish between UNC and Proof for valuation.
About the case/box
If the original case or outer box is present,
it may be valued more favorably.
However, the absence of a case will not result in a significant reduction in value.
We emphasize the value of the silver coin itself.
About bulk sales/multiple designs
This 10,000 won silver coin
is often found with multiple coins of different designs
along with other Seoul Olympic commemorative coins (such as 5,000 won).
At GoldSilverJapan, we organize coins by design, check their total silver weight, and consider their condition distribution to provide the most favorable overall appraisal.
We recommend this service to:
Those looking to sell Seoul Olympics commemorative coins
Those with designs other than the runner design
Those who want to be aware of silver prices while also considering their commemorative value
Those looking for a proper appraisal of foreign commemorative silver coins in Japan
Why choose GoldSilverJapan?
Extensive experience handling foreign commemorative silver coins
Evaluating both the silver bullion and collector market
Fair appraisals that are not overly influenced by design
Operating policy that emphasizes long-term reliability
Conclusion
The Korean 10,000 won silver coin commemorating the 1988 Seoul Olympics is a highly refined commemorative silver coin that combines the elements of an international event
Approximately 1 troy ounce of silver
A series of multiple designs
At GoldSilverJapan, we will fairly appraise the entire series, regardless of the runner design.
To sell your Seoul Olympic commemorative silver coins,
trust GoldSilverJapan for its expertise.
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