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20 Won Cycling
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2008 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 조선민주주의인민공화국중앙은행 20 WON |
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| Reverse lettering | SUMMER GAMES 2008 自行车赛 대성산성 2008 |
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| Additional information |
North Korea issued a series of commemorative brass pieces in the late 2000s targeting the foreign currency collector market — hard currency the regime badly needed. These were never intended to circulate domestically and were sold through state-controlled export channels, primarily routed through dealers in China and Europe.
The 2008 date places this issue in the period immediately following the country's first nuclear test in 2006, when international sanctions were tightening and such numismatic exports represented one of dozens of small hard-currency income streams the DPRK actively cultivated.