1 Won King Wang Geon

Wang Geon founded the Goryeo dynasty in 918 AD after unifying the Later Three Kingdoms, and it is from "Goryeo" that the Western name "Korea" derives. His appearance on a North Korean commemorative issue reflects Pyongyang's periodic effort to claim the full sweep of Korean history as its own national inheritance — a political project that intensified after the South began issuing its own heritage-themed coinage.

The 28-gram brass format places this squarely among the DPRK's export-oriented collector series, produced almost exclusively for foreign hard-currency sales rather than domestic circulation.