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10 Won Red stamp; Convertible (Western) currencies, 2nd issue
| Issuer | Central Bank of Korea (North Korea) |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | 10 Won (10 KPW) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | River waterfront vignette with industrial factory complex and smoking chimneys occupying the central field, rendered in intaglio over a fine guilloche background in red and multicolour tones. A bold red oval stamp cartouche bearing the numeral '10' appears upper-left, flanked by decorative rosettes. Denomination in Korean script at lower-right. |
| Reverse lettering | 조선민주주의인민공화국중앙은행 10 십원 (Translation: Central Bank of the People's Democratic Republic of Korea, Ten Won) |
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| Comments |
North Korea maintained a dual-currency system for foreign visitors from the late 1970s onward, issuing separate notes restricted to specific currency blocs. This series, the second issue, distinguished "convertible" Western currency holders from socialist-bloc visitors — the latter received notes with a different color overprint. The red stamp here signals Western hard currency origin, which carried significantly more purchasing power within the designated Chongsong stores.
The underlying 10 Won note predates the overprint; the stamp was applied administratively rather than at the point of original printing. These circulated exclusively within a closed system — they could not legally leave the country, and their redemption on departure was theoretically mandatory.