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20 Won Horse
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2002 |
| Type | Non-circulating coin |
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| Reverse description | Central design features a finely modeled prancing horse depicted in high relief, striding dynamically to the right with mane and tail flowing, set against a deeply mirrored proof field. To the right of the horse appear the two Chinese characters 壬午 (Rén Wǔ), denoting the sexagenary cycle year of the Water Horse. The Latin legend JUCHE 91 curves along the upper left of the field, and the Gregorian year 2002 appears at the upper right, together identifying the year of issue according to both the North Korean Juche calendar and the common era. |
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| Mintage | 2002 - Proof |
| Additional information |
North Korea's foreign-exchange coinage of the early 2000s was produced explicitly for currency shops and tourist transactions, not domestic circulation — ordinary citizens had no legal access to hard currency or the goods it could buy. This piece belongs to that collector-targeted output, issued when the regime was simultaneously running a catastrophic famine recovery and aggressively courting foreign coin dealers through state export channels.
KM#788 is part of a broader animal series from this period, the production of which was contracted through Bavarian and British intermediaries rather than distributed through conventional mint-to-mint arrangements.