100 Korun 1951 Czechoslovakia

Started by sony, October 05, 2012, 01:09:13 PM

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sony

Hello,

I'm interested was 100 Korun 1951 KM#33 from Czechoslovakia circulation coin? I'm know that is commemorative piece but circulated?

Thanks.

Figleaf

If I remember correctly, the silver commemoratives of this period were for hard currency export only and did not circulate. The communist heroes celebrated on the silver did not appeal to Western collectors, though. Czechoslovakia was a relatively rich country, but the communists were busily running the economy into the ground, mainly by diverting exports to the USSR and by a dogmatic preference for heavy industry. Contemporary circulating coins were aluminium and aluminium-bronze.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

chrisild

I would think so too. :)  On one hand the mintages of all 50 and 100 korun commems issued between 1947 and 1951 were fairly high - one million each. Then again, the highest "regular" denomination in those days was the 2 k coin; the fiver was apparently not in circulation. So a 100 korun piece would be waaay more than what people usually had in their hands, coinage wise ...

Christian