Since its foundation in 1968, Poongsan has earned a reputation as a trusted supplier of coin blanks to the global market. In 1970, the company was designated as the sole coin blank manufacturer of the Republic of Korea by the Korea Minting and Security Printing Corporation. In 1973, Poongsan first exported its coin blanks to Taiwan. Since then, it has supplied over 70 countries in 6 continents with its coin blanks.
As a recognized participant in the production of Euro coins, Poongsan has not only contributed to supply coin blanks to the EU market, but also expanded to Latvian and Lithuanian Euro coin blanks.
Today, nearly four decades after its first export, Poongsan is the world's largest coin blank manufacturer, accounting for more than half of the world's coin blank trade volume.
Poongsan casts over 50 different types of coin blanks — from brass, nickel silver, cupro-nickel and aluminum bronze to other special copper alloys. In recent years, Poongsan has concentrated on meeting the global demand for bi-metal, clad metal and nordic gold coin blanks. It has also expanded its coin blank production to include stainless steel coin blanks.
Poongsan also operates special facilities dedicated to the production of precious metal coin blanks for commemorative coins and medallions. It has supplied them for a variety of domestic and international events including the 1988 Olympic Games, the 2002 FIFA World Soccer Game, the Asia-Pacific Economic Cooperation(APEC) in 2005, the 2014 Asian Games and the 2018 Winter Olympic Games in PyeongChang.