10 Won

North Korea's first banknote series, issued in 1947, predates the formal proclamation of the Democratic People's Republic of Korea by more than a year. The Central Bank had been established under Soviet occupation in late 1946, and this series was printed in the USSR — a fact not acknowledged in official North Korean accounts, which have consistently framed the notes as a product of domestic sovereignty.

The P#10A designation distinguishes this from the P#10B variant, which differs in paper stock or serial characteristics — collectors should verify watermark presence carefully, as the two are frequently conflated in older auction descriptions.