Stephen Album Rare Coins

Auction 48  –  18 - 22 January 2024

Stephen Album Rare Coins, Auction 48

Ancient, Islamic, Indian, Chinese and World Coins

Part 1: Th, 18.01.2024, from 6:00 PM CET
Part 2: Fr, 19.01.2024, from 6:00 PM CET
Part 3: Sa, 20.01.2024, from 7:00 PM CET
Part 4: Su, 21.01.2024, from 7:00 PM CET
The auction is closed.

Description

KOREA: Sejong, 1418-1450, AE mun (3.61g), H-10.3, cho son tong bo, orthodox script, cast from 1423-25, VF. Bronze coins were cast starting in 1423 during the reign of king Sejong the Great with the Joseon Tongbo legends. The Sejong era Joseon Tongbo cash coins were only issued in the years 1423 (Sejong 5), 1424 (Sejong 6), and 1425 (Sejong 7). The coins produced under Sejong were pegged to silver at 150 coins to one kun which is equal to 600 grams, though the actual market rates regularly fluctuated. But the monetary system proved to be unpopular as people resorted back to barter after a few years.

Estimate: USD 50 - 75

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Bidding

Price realized 95 USD
Starting price 45 USD
Estimate 50 USD
The auction is closed.
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