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10 Won Belgian Franc

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2002
Type Non-circulating coin
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Obverse lettering 조선민주주의인민공화국중앙은행 1 OZ 999 10 WON
(Translation: Central Bank of Democratic People`s Republic of Korea)
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Edge Plain
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Additional information

Issued by the DPRK's central bank in 2002, this piece belongs to a wave of North Korean collector coins produced almost exclusively for hard currency export — the state earned foreign exchange by selling commemorative silver to dealers in Europe and Asia while the domestic population had no access to such issues. The "10 Won / Belgian Franc" dual denomination reflects the transitional moment before Belgium abandoned the franc for the euro, a changeover completed on 1 January 2002, meaning this coin memorialized a currency that had already ceased legal tender status by the time the dies were cut.

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