200 Won Celadon Vase

South Korea's 1970 commemorative program was among the country's earliest attempts at a prestige silver issue, launched during a period when the Park Chung-hee government was aggressively promoting Korean cultural heritage as part of its nationalist modernization agenda. The celadon tradition being honored dated to the Goryeo dynasty, roughly the 10th through 14th centuries, when Korean potters developed glazing techniques considered by contemporaries to be superior even to Chinese originals.

KM#10 was struck in limited quantities and distributed largely through gift channels rather than general circulation — a pattern common to Korean commemoratives of this decade.