Catalog
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| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1959 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Hangul |
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| Mintage | 1959 |
| Additional information |
North Korea's 1959 aluminum coinage was part of the first domestic issue produced after the Korean War armistice, as Kim Il-sung's government worked to establish an independent monetary infrastructure distinct from the Soviet and Chinese-backed systems that had sustained the wartime economy. The Central Bank had been formally established in 1946, but coherent small-denomination coinage took over a decade to materialize in aluminum.
KM#3 is the general circulation issue, distinguished in the catalog from the hard-currency tourist issues introduced later for foreign exchange shops.