World of Coins

Modern European coins except the euro => Central and Eastern Europe => Central Europe => Topic started by: sony on October 05, 2012, 01:09:13 PM

Title: 100 Korun 1951 Czechoslovakia
Post by: sony on October 05, 2012, 01:09:13 PM
Hello,

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

Thanks.
Title: Re: 100 Korun 1951 Czechoslovakia
Post by: Figleaf on October 10, 2012, 12:51:22 PM
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
Title: Re: 100 Korun 1951 Czechoslovakia
Post by: chrisild on October 10, 2012, 02:33:20 PM
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 (http://en.wikipedia.org/wiki/Coins_of_the_Czechoslovak_koruna_(1945)); 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