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Korean War


Three years, one month, and two days of war that will never be forgotten. The Korean War was the culmination of differences of a country that had been split since the Second World War. The Royal Australian mint issued this commemorative one dollar to mark 50 years since the ceasefire on the 27th July 1953. The reverse was designed by Vladimir Gottwald and features a dove symbolising peace whilst the background reflects the stainless steel spars from the Australian National Korean War Memorial in Canberra. There are also the floral emblems of Australia and South Korea surrounding the dove. The legend reads "1953 KOREAN WAR 2003 ONE DOLLAR". The obverse features the Ian Rank-Broadley effigy of HM Queen Elizabeth II along with the legend"ELIZABETH II AUSTRALIA 2003". Four counter-stamped varieties were produced; Sydney (S), Melbourne (M), Canberra (C), and Brisbane (B).

Melbourne (M) counter-stamp on 2003-M (Korean War) one dollar piece.

The origins of the Korean War go back to the end of World War II as the responsibility for the country was given to the Soviet Union and the United States of America. In the north, the Soviet Union fostered a communist style whereas the south, the United States supported local control. Over the years the tensions rose and eventually both sides began building forces against the 38th Parallel, which was the dividing line. On the 25th June 1950, the north sent invading forces into the south and war began.

The UN Security Council sent 21 countries in to assist the USA in the Korean War and Australia was the first to arrive with it's Army, Navy and Air force (Australian War Memorial, 2014). The Armistice was signed signalling peace and each of the nations withdrew two kilometres in accordance with the agreement, forming the Demilitarised Zone which still exists today. Australian Forces remained in Korea as part of the multi-national peacekeeping force until 1957. Over 17,000 Australians served during the Korean War, of which 340 were killed and over 1,500 were wounded. A further 29 had become prisoners of war.

a facility that produces coinsA coin struck differing from the standard design to commemorate an eventThe tails side of the coinThe inscription around the inner edge of the coinThe heads side of the coin(Australian War Memorial, 2014)

 MintageAU50AU55AU58MS64MS65MS66MS67MS68MS692003-S 36,0915.508.101019211101401601702003-M 36,14268.901121242730502502003-C 93,5725.708.3010192225301505002003-B 34,9495.708.30101922253039200 MintagePR65DCAMPR66DCAMPR67DCAMPR68DCAMPR69DCAMPR70DCAM2003 Silver Proof15,0003738404243100Values are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.