The Bank of Korea's National Park Commemorative Coins See 2.5 to 1 Competition Rate... 3-Piece Set Popularity

[Asia Economy Reporter Seo So-jung] The Bank of Korea announced on the 13th that as of 5 p.m. on the 10th, a total of 51,562 reservations had been received for the 2022 "Korea's National Parks" commemorative coins (silver coins), recording a high competition rate of 2.5 to 1.

This year's commemorative coins include three types: Gayasan, Odaesan, and Byeonsanbando. By sales type, the competition rate for the 3-coin set was significantly higher than for individual coins, indicating a preference for the full set despite the higher price. The competition rate for the 3-coin set was 2.8 to 1, while Gayasan and Odaesan each had a rate of 1.7 to 1, and Byeonsanbando had a rate of 1.6 to 1.

The Bank of Korea began accepting purchase reservations from the public through the online shopping malls of Woori Bank, NongHyup Bank, and the Korea Minting and Security Printing Corporation on the 17th of last month.

Since the total number of reservation applications exceeded the issuance volume, the Bank of Korea and the Mint will determine the winners through a random draw on the 23rd and plan to distribute the coins starting from the 21st of next month. The announcement of winners will be made on the 28th.

The draw will be conducted separately for individual coins and sets, with one number assigned per coin (or set), and winners will be selected randomly.

This content was produced with the assistance of AI translation services.