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500 Won Sokkuram Bodhisattva

Issuer Bank of Korea
Year 1970
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Value 500 Won
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Obverse lettering 4303 - 1970 대한민국 500 원 WON 한국은행
(Translation: Republic of Korea 500 Won Bank of Korea)
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Edge Reeded
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Additional information

Issued as part of South Korea's first commemorative coin program, this piece was authorized amid a broader government push to assert cultural identity through official channels — the Sokkuram grotto, a UNESCO-recognized eighth-century Buddhist shrine near Gyeongju, had been undergoing a controversial Japanese-led restoration since the colonial period, and the newly independent Korean state was actively reclaiming its symbolic ownership of the site. Mintage was low and distribution largely limited to presentation sets, which explains the frequency of surviving specimens in original packaging.

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