
1988 Seoul Olympics Coins
South Korea issued a multi-metal coin program for the 1988 Seoul Summer Olympics, ranging from circulating cupronickel coins to gold and silver collector pieces featuring mascots and sporting themes.
- Country
- South Korea
- Denomination
- Various (500 Won circulating commemorative; higher gold and silver denominations)
- Metal
- Cupro-nickel (circulating); silver and gold (collector issues)
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Overview
South Korea's coin program for the 1988 Seoul Olympics spanned circulating commemorative pieces available to the general public as well as precious-metal proof coins aimed at collectors worldwide. The circulating commemoratives, struck in base metal at a modest denomination, put Olympic imagery directly into everyday Korean pocket change, while parallel silver and gold issues offered higher-value collector versions.
Designs across the program drew on Korean Olympic mascot Hodori (a friendly tiger character), various Olympic sports, and traditional Korean cultural motifs, giving the series broad thematic variety typical of major host-nation Olympic coin programs.
History & Background
Hosting the 1988 Summer Games was a major milestone for South Korea, symbolizing the country's economic development and growing international standing, and its coin program was designed to showcase this on the world stage. The government issued the coins in the years leading up to the Games, with the Korea Minting and Security Printing Corporation producing both circulating commemoratives and limited proof precious-metal coins.
The program followed a pattern seen in other host nations of pairing an affordable, widely distributed circulating coin with premium gold and silver options marketed to collectors internationally, helping fund Olympic preparations while spreading Olympic imagery to a broad domestic and global audience.
How to Identify
Circulating 1988 Seoul Olympic commemorative coins are struck in base metal (cupronickel), sized similarly to standard Korean coinage of the era, with Hangul legends, the denomination, and Olympic-themed artwork such as the Hodori tiger mascot or sporting imagery on the reverse. The obverse typically carries a value and national emblem consistent with contemporary South Korean coinage.
Precious-metal collector versions, struck in silver or gold, are larger and carry higher face-value denominations, along with proof finishes, mirrored fields, and more elaborate Olympic artwork depicting specific sports or ceremonial themes. These are typically sold in official mint packaging with certificates rather than found in circulation.
Because South Korea was not the only country to issue coins honoring the 1988 Olympics—many other nations issued their own commemoratives for the same Games—collectors should check the national emblem and legends (Hangul script and Korean state symbols) to confirm a coin is a genuine Korean-issued Seoul Olympics piece rather than another country's commemorative for the same event.
Value & Collectibility
Circulating cupronickel Seoul Olympic commemoratives are generally common and trade for modest premiums over face value in typical grades, reflecting their wide production run for general circulation. Precious-metal proof issues carry meaningfully higher value tied to their gold or silver content plus a collector premium, particularly for well-preserved examples in original mint packaging.
As with most host-nation Olympic coin programs, condition, completeness of a themed set, and whether a coin retains its original packaging and certificate significantly affect collector value for the silver and gold issues.
Frequently asked questions
What metal are the everyday 1988 Seoul Olympic coins made of?
The widely circulated commemoratives were struck in base metal (cupronickel), while separate limited-edition versions were struck in silver and gold for collectors.
Who or what is Hodori?
Hodori is the tiger mascot of the 1988 Seoul Olympics, a recurring design element on many of the Games' commemorative coins and other memorabilia.
Did other countries also make coins for the 1988 Olympics?
Yes, several countries issued their own commemorative coins honoring the Seoul Games, so collectors should check the legends and national emblem to confirm the coin's country of origin.
Are 1988 Seoul Olympic coins valuable?
Base-metal circulating pieces are generally common and inexpensive, while gold and silver collector versions carry higher value tied largely to precious-metal content and condition.
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