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Standalone Korea Coin Encyclopedia

North Korean Coinage History

Currency change after 1945, the 1947 issue, and later reforms without projecting modern state identities backward.

조선민주주의인민공화국 주화 · 증거별 신뢰도 분리

North Korea 1959 1 chon, obverse North Korea 1959 1 chon, reverse
North Korea 1959 1 chon. Verified obverse and reverse, shown as a named example that accurately matches this guide's subject. Image source: Russian howitzer · License: CC BY-SA 4.0
Monetary reforms
5
Denominations modeled
7
Institutional sources
10
Approved images
0
Publication
Published

Historical sequence

Reform layers are evidence records, not a seamless narrative

The institutional corpus supports a 1947 monetary break and identifies the 2009 change as the fifth reform. Ratios, legal terms, and coin replacement rules remain unavailable except where separately sourced.

  1. Reform layer 1 Institutional evidence supports the reform and issue layer; an exchange ratio is not normalized.

  2. Reform layer 2 The sequence is retained because the BOK museum labels 2009 the fifth reform and catalogs a 1959 issue layer; exact legal terms remain research-required.

  3. Reform layer 3 Issue-layer chronology only; no ratio or coin replacement rule is asserted.

  4. Reform layer 4 Object evidence confirms dated coinage but does not by itself establish the complete reform law.

  5. Reform layer 5 The exchange treatment is reported by a Korean government research institute; the BOK museum identifies the fifth-reform issue dated 1 December.

Confidence and image integrity

Each claim and each image has its own gate

Three exact institutional image references were screened, but none supplied both a reusable exact face pair and compatible commercial derivative rights. No source file was downloaded, altered, or published.

Continue browsing

Related Korea encyclopedia routes

All routes retain independent evidence and publication gates.

north korea overview North Korean Coinage

A neutral, evidence-gated guide to DPRK coinage that separates currency law, museum classification, practical circulation, and collector output.

north korea reforms North Korean Monetary Reforms

Five institutionally documented currency layers, with exchange ratios stated only where the current evidence supports them.

north korea circulation North Korean Circulation Coinage

Coin records whose object identity, legal classification, and observed circulation evidence remain separate.

north korea denominations North Korean Won and Chon Denominations

Won and chon denominations recorded from institutional collection evidence without implying present-day purchasing use.

north korea authorities North Korean Issuing and Minting Authorities

Issuer names and production-place evidence, with an unresolved mint institution kept explicitly unknown.

north korea commemoratives North Korean Commemorative Coinage

Verified commemorative objects are not treated as circulation issues merely because they carry a denomination.

north korea export North Korean Export-Oriented Issues

A determination register that withholds export-oriented classification until distribution purpose is independently evidenced.

north korea precious North Korean Precious-Metal Coinage

Precious-metal objects separated from bullion programs, domestic circulation, medals, and investment claims.

north korea uncertain North Korean Patterns and Uncertain Issues

An explicit quarantine for objects whose issuer, status, purpose, specifications, or quantity cannot yet be resolved.

north korea date guide North Korean Coin Date and Inscription Guide

Hangul, Gregorian dates, and Juche inscriptions are transcribed before normalization; dates are never retroactively relabeled.

north korea grading Grading North Korean Coins

Condition guidance tailored to struck base-metal and precious-metal objects without remote grading claims.

north korea authentication Authenticating North Korean Coins

A cautious identity workflow covering inscriptions, denomination, date, metal, dimensions, edge, and provenance.

north korea collecting Collecting North Korean Coins

Collection planning by evidence class rather than political theme, rarity claims, or investment promotion.

Sources

Institutional evidence for this page

Source links support the stated scope; they do not license unsourced varieties, market values, or image reuse beyond recorded terms.

Bank of Korea Money Museum

World currency collection: DPRK current-currency coin listing

institutional collection catalog · 2026-07-31

Open source
Bank of Korea Money Museum

DPRK 1 won coin (1987)

institutional object record · 2026-07-31

Open source
British Museum

Coin 2002,0103.1

institutional object record · 2026-07-31

Open source
British Museum

Coin 1994,0512.8

institutional object record · 2026-07-31

Open source
British Museum

Coin OR.9663

institutional object record · 2026-07-31

Open source
Bank of Korea

Central-bank odyssey: currency moved to North Korea and printing plates

institutional historical article · 2026-07-31

Open source
Korea Institute for National Unification

Economic trends after North Korea's currency reform

government research institute report · 2026-07-31

Open source
Bank of Korea Economic Research Institute

Survey and analysis of consumer payment instruments in North Korea

institutional research paper · 2026-07-31

Open source
Bank of Korea Money Museum

DPRK 1 won banknote (1947)

institutional object record · 2026-07-31

Open source
Bank of Korea Money Museum

DPRK 100 won: fifth currency reform

institutional object record · 2026-07-31

Open source
Evidence boundary

Unknown current legal status, practical circulation, mint institution, exchange ratios, quantities, export purpose, exact image pairs, and image rights remain unavailable. Museum classification, object existence, denomination, precious metal, and foreign acquisition never substitute for those facts.