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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 lettering 조선민주주의인민공화국중앙은행 20원
(Translation: Central Bank of the Democratic People's Republic of Korea, 20 Won)
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Reverse script Chinese (traditional, seal script)
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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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