Explore one of South Korea's most established modern bullion collections with the Chiwoo Cheonwang 2023 1 Clay 1oz .999 Fine Silver BU Medal – KOMSCO.

Struck from 1 Troy Ounce of .999 Fine Silver, this dramatic 2023 release represents the eighth instalment in KOMSCO's acclaimed Chiwoo Cheonwang silver bullion series.

Each annual release tells another chapter in the story of the legendary warrior Chiwoo Cheonwang through a completely new reverse design. The 2023 edition depicts Chiwoo in full battle dress studying military strategy alongside Latus from KOMSCO's Zi universe, combining two of the mint's best-known mythological bullion collections in a single design.

Production was limited to just 30,000 medals worldwide, adding significant collectable appeal alongside its investment-grade silver content.

Chiwoo Cheonwang – Legendary Warrior King

Chiwoo Cheonwang occupies an important place in Korean and wider East Asian mythology.

Also known as Jaoji Hwanung, Chiwoo is portrayed as a legendary military leader and warrior king associated with strength, tactical knowledge and victory in battle.

The KOMSCO series follows his story through annually changing designs, depicting different stages of preparation, conflict and military leadership.

Introduced in 2016, the Chiwoo Cheonwang collection became South Korea's first major modern silver bullion medal series and has developed a strong following among collectors of Korean precious metals.

2023 Battle Strategy Design

The reverse of the 2023 release depicts Chiwoo Cheonwang dressed in full battle armour while reviewing military plans.

Rather than presenting another conventional battlefield scene, the artwork focuses on Chiwoo's role as a military strategist.

He is shown studying a tactical planning table alongside Latus, a character connected with KOMSCO's Zi series.

The scene reinforces Chiwoo's reputation not simply as a powerful warrior, but as an experienced commander capable of planning and directing his forces.

The inscription:

CHIWOO CHEONWANG

identifies the legendary figure depicted within the design.

Eighth Release in the Series

The 2023 medal represents the eighth annual 1oz silver release in the Chiwoo Cheonwang bullion series.

The series began in 2016 and has featured a changing reverse every year:

• 2016 – First Chiwoo Cheonwang release

• 2017 – Second release

• 2018 – Third release

• 2019 – Fourth release

• 2020 – Fifth release

• 2021 – Sixth release

• 2022 – Seventh release

• 2023 – Eighth release

This annually changing format makes individual years important for collectors building a complete Chiwoo Cheonwang collection.

Gwi-myeon-wa Shield Obverse

The obverse features KOMSCO's distinctive Gwi-myeon-wa, representing the shield associated with Chiwoo Cheonwang.

The fierce guardian face features prominent facial details and large bull horns, drawing inspiration from traditional Korean decorative roof tiles historically used as protective symbols.

The design is accompanied by:

REPUBLIC OF KOREA

2023

FINE SILVER

1 CLAY

and the KOMSCO mint identification.

Latent Security Feature

KOMSCO incorporates a specialised latent security feature into the obverse design.

The feature changes appearance when viewed from different angles, providing an additional anti-counterfeiting element beyond the medal's detailed engraving, weight and precious-metal markings.

This security technology has become one of the recognisable characteristics of modern KOMSCO bullion.

Limited to 30,000 Worldwide

The 2023 Brilliant Uncirculated release has a confirmed production of only:

30,000 medals worldwide.

The relatively modest production figure gives the medal significantly greater collectable interest than unrestricted generic bullion products.

For collectors assembling the complete annual Chiwoo Cheonwang collection, the individually dated designs and changing mintages make each release an important part of the wider series.

1 Clay Designation

The medal carries KOMSCO's distinctive:

1 CLAY

designation.

Clay is used by KOMSCO as a proprietary bullion denomination rather than a conventional circulating monetary face value.

The Chiwoo Cheonwang is therefore correctly classified as a silver bullion medal rather than a legal-tender coin.

1 Troy Ounce of .999 Fine Silver

Each medal contains:

1 Troy Ounce of .999 Fine Silver

with an official weight of approximately 31.103 grams.

The medal measures approximately 40mm in diameter, approximately 3.07mm thick, and features a reeded edge.

Its combination of established KOMSCO manufacture, limited production, changing annual artwork and Korean mythology gives the Chiwoo series considerably more collectable character than conventional generic 1oz silver.

Packaging

Individual medals are supplied in protective packaging.

Original mint quantities of 25 medals are packaged in KOMSCO tubes, with ten tubes forming a sealed box containing 250 medals.

Product Specifications

• Manufacturer: KOMSCO – Korea Minting, Security Printing & ID Card Operating Corporation

• Country of Manufacture: South Korea

• Series: Chiwoo Cheonwang

• Year: 2023

• Series Position: Eighth Release

• Product: Silver Bullion Medal

• Metal: Silver

• Weight: 1 Troy Ounce

• Approximate Weight: 31.103g

• Purity: .999 Fine Silver

• Designation: 1 Clay

• Diameter: 40mm

• Thickness: Approximately 3.07mm

• Edge: Reeded

• Finish: Brilliant Uncirculated / Bullion

• Mintage: 30,000 Worldwide

• Obverse: Gwi-myeon-wa / Chiwoo Shield

• Security: Latent Authentication Feature

• Reverse: Chiwoo Cheonwang Reviewing Battle Plans

• Additional Character: Latus

• Original Mint Tube: 25 Medals

• Individual Packaging: Protective Packaging

• Legal Tender: No

• Condition: Brilliant Uncirculated / Bullion Condition

Bullion & Collectable Condition Information

These medals are supplied in Brilliant Uncirculated bullion condition.

As with bullion-quality silver products, individual examples may occasionally display minor contact marks, light scratches, handling marks, small minting imperfections or natural toning.

Protective packaging may also display light storage or handling marks.

These cosmetic characteristics do not affect the medal's stated 1 Troy Ounce silver content or .999 fineness.

Why Buy from Everyday Bullion?

Everyday Bullion is a trusted UK precious metals retailer, specialising in investment bullion alongside premium, unusual and harder-to-source collectable releases from respected international mints.

Every medal is carefully inspected, securely packaged and promptly dispatched.

The Chiwoo Cheonwang 2023 1 Clay 1oz .999 Fine Silver BU Medal – KOMSCO combines 1 Troy Ounce of investment-grade silver, intricate Korean mythology, advanced KOMSCO security technology and a limited worldwide mintage of only 30,000 pieces.

As the eighth annual release in the Chiwoo Cheonwang collection, the 2023 design is particularly appealing to collectors building the complete series.

Add the Chiwoo Cheonwang 2023 1 Clay 1oz .999 Fine Silver BU Medal – KOMSCO to your collection today while stocks remain available.