The Bank of Korea's '70th Anniversary Commemorative Coin' Reservations Reach 212,000... Competition Ratio 3 to 1
[Asia Economy Reporter Kim Eun-byeol] The Bank of Korea announced on the 19th that the competition rate for the purchase reservation of the 70th anniversary 'Korea Coin' set nearly reached 3 to 1.
According to the Bank of Korea, from the 29th of last month until the day before, a total of 212,345 sets of reservations were received through financial institutions and the Korea Minting and Security Printing Corporation's online shopping mall. This greatly exceeds the initially planned issuance quantity of 70,000 sets.
A Bank of Korea official stated, "Despite the COVID-19 pandemic, many citizens showed interest in the proof-grade high-quality current coin set being sold for the first time since the Bank of Korea's establishment."
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Since the reservation quantity greatly exceeds the issuance quantity, the Bank of Korea and the Korea Minting and Security Printing Corporation will determine the winners through a lottery on the 25th. The winners will be announced at 10 a.m. on the 27th.
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