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20 Won Year of the Goat

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2008-2015
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Currency Second Won (1959-2009)
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Obverse description Central design depicts the Taedong Gate (East Gate) of Pyongyang rendered in fine relief, showing the traditional Korean multi-tiered pavilion structure atop a massive stone fortification wall, with flowering plum branches in the lower field. The circular legend in Hangul script reads around the upper periphery, identifying the issuing authority, while the denomination '20 원' appears in Hangul numerals at the base of the design. A colorized blue sky fills the background field behind the architectural monument.
Obverse script Hangul
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Additional information

North Korea's commemorative program has since the 1970s functioned less as a numismatic enterprise than as a foreign currency operation — these pieces were struck almost exclusively for export sale to collectors, generating hard currency for a state chronically starved of it. The goat year issues fall within the broader Chinese zodiac series that Pyongyang produced systematically across multiple denominations, with distribution handled largely through intermediaries in China and specialist dealers in Europe.

KM#484 sees a production window spanning seven years, which is unusually protracted for a zodiac type and likely reflects slow inventory drawdown rather than continued striking.

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