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100 Won 99 Years of Hong Kong
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1996 |
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| Shape | Round |
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| Obverse description | The state arms of the Democratic People's Republic of Korea displayed centrally in the field, depicting a hydroelectric power station beneath a radiant red star, encircled by a wreath of rice ears bound at the base. The Hangul legend 조선민주주의인민공화국중앙은행 (Central Bank of the Democratic People's Republic of Korea) curves along the upper periphery. The fineness inscription 1/10 OZ and 999 flanks the arms horizontally in the mid-field, with the date 1996 inscribed below the arms. |
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| Reverse script | Latin |
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Issued by Pyongyang to mark the 1997 handover of Hong Kong from British to Chinese administration, this piece is one of several North Korean commemorative gold coins from the mid-1990s targeting the international collector market rather than domestic circulation. Hard currency generation through numismatic exports was a deliberate state strategy during this period, with the Korean Central Bank authorizing series aimed squarely at foreign buyers with no practical connection to the commemorated events.
The "99 Years" framing references the 1898 Convention for the Extension of Hong Kong, under which Britain leased the New Territories for exactly that term.