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200 Won Equestrianism

Issuer Central Bank of the Democratic People's Republic of Korea
Year 1991
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Value 200 Won (200 KPW)
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Obverse script Latin/Korean
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Reverse description The reverse features a dynamic high-relief depiction of an equestrian show-jumping scene, with a rider astride a horse clearing a horizontal fence obstacle in full stride, set against a lightly engraved landscape background with foliage and grasses in the lower field. The denomination '200 WON' is inscribed in bold lettering in the left field. The curved legend 'OLYMPIC GAMES 1992' arcs across the upper border in Latin script, commemorating the Barcelona Summer Olympic Games.
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Additional information

Issued as part of North Korea's hard-currency export coinage program, this piece was never intended for domestic circulation — Pyongyang produced collector silver throughout the late 1980s and early 1990s specifically to generate foreign exchange, with distribution handled almost entirely through overseas dealers and trading companies rather than any conventional numismatic channel.