Competition Rate 1.5 to 1 for 'Korea's National Parks' Commemorative Coins... 'Seoraksan' Tops
The Bank of Korea announced on the 22nd that a total of 46,225 orders were received for the 2023 "National Parks of Korea" commemorative coins during the reservation period from the 2nd to the 17th, resulting in a competition rate of 1.5 to 1.
Among the single items by sales type, Seoraksan was the most preferred with a competition rate of 1.8 to 1, compared to Chiaksan and Wolchulsan. The 3-coin set recorded a competition rate of 1.5 to 1.
The initially planned issuance volume was 30,000 coins. The Bank of Korea and the Korea Minting, Security Printing & ID Card Operating Corporation will determine the winners through a random draw on the 24th. The winners will be announced on the 31st, and the commemorative coins will be distributed starting from the 28th of next month.
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The draw will be conducted separately for each single coin and set, with one number (random number) assigned per coin (or set), followed by a random selection.
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