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1991 Korean War Dollar GEM Proof

Bullionshark 1991 Korean War Dollar GEM Proof

1991 Korean War Dollar GEM Proof

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The 1991 Korean War Dollar GEM Proof is a commemorative silver dollar coin that honors the veterans and commemorates the events of the Korean War. This coin features stunning designs by renowned designers John M. Mercanti and T. James Ferrell. Specifications: Designer: John M. Mercanti/T. James Ferrell Edge: Reeded Diameter: 38.10 millimeters Weight: 26.73 grams Mintage: 618,488 Mint: Philadelphia Metal: 90% Silver, 10% Copper Obverse: The obverse of the coin features a powerful and poignant design that pays tribute to the soldiers who served in the Korean War. It depicts an American infantryman, a Marine, and an airman, symbolizing the joint effort of the United States military during the war. The soldiers are portrayed against a backdrop of barbed wire, with the inscriptions "In God We Trust," "Liberty," and "1991" completing the design. Reverse: The reverse of the coin displays a map of Korea, highlighting the Korean Peninsula. Above the map is an olive branch, a symbol of peace, and the inscriptions "United States of America," "E Pluribus Unum," and "One Dollar." This reverse design emphasizes the significance of the Korean War and its impact on the region. Error Variety: In 2008, a fortunate collector discovered a unique error variety of the 1991 Korean War Dollar with a 90-degree rotated die error. This error, while not common for proof coins, added an extra layer of rarity and intrigue to the coin. Similar rotated die errors have been observed in other commemorative coins, such as the 1989-D Congress Silver Dollar, which commands significant premiums in the numismatic market. The 1991-P Korean War Dollar with the rotated die error was initially expected to bring substantial prices at auction, with estimates ranging from $500 to potentially over $2,500. However, when the coin was consigned to Heritage in 2008, it ultimately sold for $805. Despite the lower-than-expected sale price, the coin remains a unique and fascinating piece for collectors interested in error coins and Korean War commemoratives.
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