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250 Won Hong Kong; houseboat

Issuer Central Bank of the Democratic People's Republic of Korea
Year 1996
Type Non-circulating coin
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Reverse description A colourised scene depicting a traditional Chinese junk-style houseboat navigating a river in the foreground, rendered in polychrome enamel with detailed red-and-brown cabin structures. A pagoda with a red roof rises behind lush green foliage to the left, with dramatic karst mountain peaks receding into the background under a pale blue sky. A palm tree is visible at the lower left field. The legend '99 YEARS HONG KONG' arcs along the upper periphery in raised Latin lettering, and the denomination '250 WON' is inscribed along the lower periphery.
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Mintage 1996 - Proof
Additional information

North Korea's foreign-currency commemorative program, active through the 1990s, was never aimed at domestic circulation — these silver issues were produced explicitly for hard currency export, sold to overseas collectors to generate foreign exchange for the regime. The Hong Kong series, issued ahead of the 1997 handover, was clearly timed to capitalize on collector interest in that transition.

KM#527 is one of several distinct reverses in the Hong Kong subset, each depicting a different aspect of the city's identity as Pyongyang understood it — or found marketable.

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