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| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2002-2006 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Second Won (1959-2009) |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 조선민주주의인민공화국 중앙은행 1000 천원 (Translation: The Central Bank of the Democratic People's Republic of Korea, One Thousand Won) |
| Reverse description | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Kim Il-sung's portrait embedded in the paper; embedded security thread running vertically through the note. |
| Variants | Log in to see details |
| Comments |
North Korea's 2002 currency reform introduced several higher denominations aimed partly at absorbing the unofficial cash that had accumulated during the famine years of the late 1990s, when the state distribution system had effectively collapsed and private market activity had exploded despite being formally prohibited. The 1000 Won was among the largest denominations in everyday circulation during that transitional period — significant in a country where official wages were still denominated in figures from a previous economic reality.
Pick 45 is sometimes found with subtle ink saturation inconsistencies across the series, a known quirk of North Korean domestic printing operations during this period rather than a defect specific to individual notes.