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20 Won Year of the Horse

Issuer Central Bank of the Democratic People's Republic of Korea
Year 2010
Type Non-circulating coin
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Reverse description The reverse depicts the twelve animals of the Chinese zodiac calendar arranged in a circular composition around a central image of a horse. The horse, the central subject of this commemorative issue, is shown in dynamic profile at the center of the field. The Hangul inscription '말' (Horse) appears above the denomination, with '20 WON' inscribed in Latin script below the central design.
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Reverse lettering 말 20 WON
(Translation: Horse)
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Additional information

North Korea has issued lunar calendar commemoratives in aluminium for decades, primarily targeting the international collector market rather than domestic circulation — hard currency earned through numismatic exports has long been a minor but deliberate revenue stream for Pyongyang. Aluminium at this diameter and weight is an unusual combination, producing a coin that feels noticeably light relative to its size.

KM#1256 is one of several 2010 lunar issues from the DPRK mint, each tied to a different denomination within the same release program.

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