Golden greetings and silver salutations! If you are like me, you really enjoy a new coin series. Happily, I can say JM Bullion listed a new one today, the South Korean Zi:Sin Series! It is minted by KOMSCO (Korea Minting and Security Printing Corporation). There is a reported mintage of of 33,300 which is pretty low and you can pick one up for about $21, about $4.50 over spot.
It looks similar to the Chiwoo Cheonwang Silver Medals that were released over the past couple of years, but it is a new series. I will let JM Bullion explain the design below as it involves South Korean mythology, which I have absolutely no knowledge of:
The obverse of the 2017 1 oz South Korean Zi:Sin Gallus Silver Medal features the image of Chiwoo Cheonwang’s battle shield. On the face of his shield is the head Do ggae bi, a mythical being referred to by some as a ghost or monster that was often hung at the ends of roof tiles on homes as a strong spiritual presence to ward off evil spirits. This face also contains the engravings of the nation of issue, mint mark, weight, purity, metal content, year of issue, and the latent security image of KOMSCO coins.
On the reverse of the South Korean Zi:Sin Gallus Silver Medal features the image of Gallus. Dressed in full battle regalia, the light of Gallus on the battlefield helped to disperse the demons of the dark side. He also had a powerful roar that instilled fear in even the most evil demons, and the point of his helmet enabled him to foresee upcoming events."
Source for the photos and text above - www.jmbullion.com/2017-1-oz-south-korean-zisin-gallus-silver-medal
What are your thoughts on this coin and the prospect for the series? I plan on picking up of these coins myself, but remain skeptical of the long term hopes for the success of the series. Keep stacking!
TL:DR - Look a coin of a guy dressed like a rooster!
Hopefully you made it this far to enjoy the best part of the post. ☺