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20 Won Rabbit

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2005
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Orientation Medal alignment ↑↑
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Obverse description The national emblem of the Democratic People's Republic of Korea occupies the central field, depicting a hydroelectric power station beneath a five-pointed star, framed by sheaves of rice bound with a ribbon and accented by radiating beams of light. A circular legend in Korean (Hangul) script runs along the upper periphery, reading the name of the Central Bank of the DPRK. The weight specification '31g' and fineness mark '999' appear in the lower field to the left and right respectively, flanking a decorative wreath of grain ears at the base. The denomination '20 WON' is inscribed prominently at the bottom of the field within the wreath.
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Reverse description Two naturalistically rendered rabbits are depicted in the central field amid tufts of grass and small flowering plants; the larger rabbit is shown in a resting pose facing right in the left foreground, while a second rabbit stands alert in the right middle ground. The legend 'RABBIT' arcs along the upper periphery in Latin letters, accompanied by a Korean (Hangul) character to its left. The issue year '2005' is inscribed in the lower right field. The mirror-like proof fields provide strong contrast against the frosted relief of the animal subjects.
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Additional information

North Korea's collectible coinage program, active since the 1970s, exists almost entirely for foreign exchange — these pieces were never intended to circulate domestically and were sold through state-controlled channels to overseas collectors and dealers, primarily routed through numismatic intermediaries in Europe and Asia. The 2005 rabbit issue falls within a run of lunar-themed silver coins produced specifically for the Chinese collector market, where demand for zodiac series was reliable and predictable.

KM#1063 is well-documented but valuations remain thin due to opaque original mintage figures — the DPRK has never published reliable production data for any of its foreign-currency numismatic issues.

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