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10 Won Monégasque Franc

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2002
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Orientation Medal alignment ↑↑
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Reverse lettering FINAL ISSUE OF THE MONACO FRANC ★ 2002 ★
Edge Plain
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Additional information

This pairing of denominations makes no coherent sense in isolation. The "Won Monégasque Franc" nomenclature combines North Korean currency with a reference to Monaco's pre-euro franc, which ceased to exist as legal tender on 17 February 2002 — the same year this piece was struck. North Korea's Foreign Trade Bank and later the Central Bank issued a substantial volume of commemorative silver pieces throughout the late 1990s and 2000s, largely targeting the collector export market rather than domestic circulation, with hard currency generation the operative goal.

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