Coins Certified as of 10/26

My Coin #18544745

1991-P $1 Korea, DC PR70DC

PCGS#: 9653

Owner's Comments

1991-P Korea Silver Dollar PCGS PR70DCAM { PCGS-3 } (Dec'2010) - Mintage: 618,488 (proof) Perfect silver mirrors, deeply and multiply reflective grace this action war piece remembering Korea. One of the rarer pieces of the commemorative silver dollars in this top-pop condition, this piece also was issued on the 38th anniversary as tribute to the conflict on the 38th parallel.

Expert Comments

Jaime Hernandez: In 2008 or 17 years after these coins were struck, someone was fortunate enough to find one of these coins with a 90 degree rotated die error.

There are other rotated dies known for Commemorative coins but they are all considered very scarce. One of them is the 1989-D Congress Silver dollar which has sold anywhere from $1,000 and up to $4,500. There are estimates of anywhere from 50 to 200 coins existing for the 1989-D Congress Dollar.

However, the 1991-P Korean Dollar is a proof version and proof coins are very unusual with rotated dies. Several experts and dealers in errors were estimating that the coin would bring anywhere from $500 and up. While others beleived it would realize about $2500 or more, especially since it was the only reported example during the time. The same coin was later consigned to Heritage in 2008 and it only sold for $805.

As of 2009 I am personally not aware of any other examples of this error turning up. However, this coin went unnoticed by a collector and the odds are that if one was produced, additional examples should also be out there just waiting to be found.

Diameter: 38.10 millimeters Designer: John M. Mercanti/T. James Ferrell Edge: Reeded
Mintage: 618,488 Weight: 26.73 grams Metal Content: 90% Silver, 10% Copper

Condition Census

Pos Grade Thumbnail Pedigree and History
1 PR70DCAM PCGS grade  
1 PR70DCAM PCGS grade  
1 PR70DCAM PCGS grade  
1 PR70DCAM PCGS grade  
1 PR70DCAM PCGS grade