
Intially when I looked at it, I didn't think much but it looked like it was some sort of die clash. But soon that made no sense as this coin is actually a coin orientation, i.e. up-down orientation like US coins. I took a better look today and the more I look at it, the more likely it seems that this coin orignally started out with TWO obverse dies that was set wrongly but was "fixed" after overstriking it with the reverse die.
Here is the negative image of the reverse
http://img112.imageshack.us/img112/2001/19...negativeak5.jpg <- 1mb size
If you have trouble looking at it, I suggest looking for the figure "10" which should be relatively obvious. Next, look at the top of the figure "1" and to your left, there should be the word "BANK". The letter "B" is at the bottom left of the box looking character.
What do you think? Likely?
Note that South Korean error coins are EXTREMELY rare.