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2 Won European Championship of Football

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2003
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Value 2 Won
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Obverse description The national arms of the Democratic People's Republic of Korea depicted centrally in high relief, featuring the hydroelectric power station and mountain landscape framed by sheaves of rice bound with a ribbon, surmounted by a five-pointed star radiating rays of light. The Hangul legend naming the Central Bank of the Democratic People's Republic of Korea curves around the upper periphery, with the weight specification '7g' and fineness '999' inscribed in the field to the lower left and lower right respectively. Two small olive branches flank the denomination '2 WON' along the lower rim.
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Reverse script Latin
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North Korea issued a series of commemorative silver pieces in the early 2000s tied to international football tournaments — events its own national team had no meaningful participation in at the time. The UEFA European Championship series was produced almost entirely for the hard-currency collector export market, with virtually no domestic circulation. These pieces were sold through foreign coin dealers and generated foreign exchange, a revenue stream Pyongyang quietly relied on throughout this period.

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