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1 Won - Kwangmyongsong-3

Issuer North Korea
Year 2020
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Currency Third Won (2009-date)
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Obverse lettering 조선공화국 기념품
조선민주주의인민공화국
1원
2020
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Edge Reeded
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Additional information

Kwangmyŏngsŏng-3 was a North Korean earth observation satellite launched in December 2012 — the second attempt that year after an April failure that embarrassed Pyongyang internationally. The successful December launch drew immediate UN Security Council condemnation and additional sanctions, as the same rocket technology is directly applicable to intercontinental ballistic missile development. Commemorative coinage marking the launch appeared years after the fact, part of a broader DPRK practice of issuing collector-targeted brass pieces for hard currency export rather than domestic circulation.

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