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10 Won Blue stamp; non-convertible (Socialist) currencies, 2nd issue

Uitgever Central Bank of Korea (North Korea)
Jaar 1986
Type Exchange certificates
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Beschrijving voorzijde Central vignette of the Chŏllima winged equestrian statue in intaglio engraving, set against a fine guilloche underprint in pale tones. The National Coat of Arms appears to the left within a decorative rosette, flanked by ornamental guilloche panels. Denomination numerals printed in dark red at lower left and upper right corners.
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Opschrift keerzijde 조선민주주의인민공화국중앙은행
십10원

십원
(Translation: Central Bank of the People's Democratic Republic of Korea, Ten Won)
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Opmerkingen

North Korea's 1978 currency reform created a two-tier system separating foreign exchange from domestic money, but the 1986 non-convertible reissue pushed that segregation further by targeting the domestic population with blue-overprinted notes explicitly barred from hard-currency transactions. The stamp itself — applied over existing stock rather than printed on new paper — was an administrative shortcut that kept production costs minimal while achieving the policy goal of currency segmentation.

Surviving examples frequently show the blue stamp applied unevenly, with ink bleed into the surrounding paper fiber, a known characteristic of the overprinting method used on this series.

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