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20 Won Year of the Horse
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2008-2014 |
| Type | Log in to see details |
| Value | 20 Won (20 KPW) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | 조선민주주의인민공화국중앙은행 20원 (Translation: Central Bank of the Democratic People's Republic of Korea, 20 Won) |
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| Reverse lettering | Log in to see details |
| Edge | Plain |
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| Additional information |
North Korea's commemorative output from this period was produced almost entirely for foreign collectors and currency dealers, not domestic circulation — hard currency earned through numismatic exports was a meaningful revenue stream for a state operating under severe international sanctions. These pieces were typically struck by foreign mints under contract, with Pyongyang exercising design approval while the actual production happened elsewhere.
The Chinese zodiac series to which this belongs ran across multiple metals and denominations simultaneously, a deliberate strategy to maximize collector sales across different price points.