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1991-P Korean War Commemorative Dollar PF69 UC NGC - V33409
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V33409 - 1991-P Korean War Commemorative Dollar PF69 UC NGC
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1991-P Korean War Commemorative Dollar PF69 UC NGC

Coin Information:

  • Type: Commemorative Proof
  • Year: 1991
  • Denomination: $1.00
  • Mint Mark: Philadelphia, PA
  • Grade: PF69 UC
  • Certified By: NGC
  • The obverse of the coin was designed by John Mercanti and features an Army Infantryman in full gear. The reverse, designed by James Ferrell, displays an outline map of Korea showing the 38th parallel. This coin has a composition of .900 Silver and .100 copper.

    The 38th Parallel
    At the outbreak of the Second World War, Korea was a colony of Japan and had been for several decades. With the surrender of the Japanese at the end of the war, Korea was divided roughly in half at the 38th parallel north circle of latitude by an agreement between Allied Powers, Russia and the United States. Japanese commanders north of the line surrendered to Russian forces while commanders south of the line surrendered to American forces. The initial promise to the people of Korea included an election and eventual, united sovereignty, however that didn't happen. In 1948, the Soviet Union denied those in the north a vote in the United Nations commissioned election. As tensions rose, Korean troops on the north and south sides of the 38th parallel prepared for aggression.

    In June of 1950, North Korean forces crossed the 38th parallel and pushed deep into South Korea, nearly driving the defending garrison into the sea. A counter-attack, organized by General Douglas MacArthur and heavily supported by U.S. troops, quickly routed the invading army back through the north, past the 38th parallel, and all the way into China. Feeling threatened by the advancing Allied army, China joined the war, resupplied the North, and, by 1951, helped push the frontline back near to its original starting point at the 38th parallel. Two years later with minimal territorial gains and millions of lives lost, an armistice agreement halting the direct conflict was signed. The demilitarized zone the cease-fire established remains today, dividing North Korea and South Korea, at the 38th parallel.


    Commemoratives    


    Coin Glossary:

    Die: An engraved piece of metal used to stamp a design on a coin.

    Die crack: A small, raised imperfection on a coin resulting from a crack in the stamping die.

    Early release: The Numismatic Guaranty Corporation (NGC) uses this designation for U.S. Bullion Coins during the first month of release from the U.S. Mint. To qualify for Early Release designation, NGC must receive the coins within 30 days of their release by the US Mint or properly documented as being received by an NGC approved entity within the same 30-day release period.

    Encapsulated coin: A coin graded and authenticated by a professional coin service, then sealed in plastic.

    Field: The typically flat area surrounding the relief and not used for legend or inscription.

    Legal tender: Official money issued by the government.

    Legend: The coin's primary lettering.

    Lettered edge: An inscription added to the edge of a coin.

    Luster: The quality of the surface brilliance on a Mint State or Uncirculated coin.

    Mercury dime: Issued from 1916 to 1945, this U.S. dime featured a representation of Liberty in a winged hat that was commonly mistaken for the ancient god, Mercury.

    Mint: A government controlled coin production facility.

    Mint mark: A small letter stamped on a coin that indicates its mint origin, ex. "D" for Denver.

    Mint Set: One coin from each of the available denominations in a particular year, produced by a single mint and made for circulation.

    Mint State (Uncirculated): A regular production coin never used in trade and existing in its original condition.

    Mintage: The number of coins produced.

    NGC: Numismatic Guaranty Corporation.

    Numismatics: The collection and study of monetary objects such as coins and paper bills.

    Obverse: Heads, or a coin's front side.

    Patina: Surface discoloration, typically green or brown, caused by oxidation over time.

    PCGS: Professional Coin Grading Service.

    Planchet: A blank metal piece used to produce a coin.

    Proof: Expertly polished planchets and dies produce these coins which feature an extremely high quality strike, resulting in unmatched detail and brilliant surface finish.

    Reeded edge: A coin edge finish featuring parallel vertical grooves all the way around.

    Relief: The raised portion of a stamped design that sits above the coin's field.

    Reverse: Tails, or coin's back side.

    Rim: The raised ring around the perimeter of a coin designed to reduce wear on the relief.

    Strike: The act of stamping a coin.

    Truncation: The bottom edge of a portrait or bust.

    Wheat penny: Lincoln cents issued from 1909 to 1958 bearing the wheat ear design on the reverse.




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