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5 Chon Socialist visitor

Issuer North Korea
Year 1974
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Thickness 1.47 mm
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Obverse script Hangul
Obverse lettering 조선민주주의인민공화국 1974
(Translation: Democratic People's Republic of Korea)
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Additional information

North Korea produced distinct coin sets in the early 1970s for foreign visitors, separated deliberately from domestic circulation coinage. The "socialist visitor" designation — as opposed to the parallel "capitalist visitor" issues — determined which currency foreigners from allied Soviet-bloc nations received when exchanging money upon entry. The two streams were not interchangeable domestically, functioning as a crude but effective mechanism for tracking and controlling foreign exchange within the country.

KM#10 belongs to that segregated tourist currency infrastructure, which remained in use until the won reform of the late 1970s rendered the distinctions increasingly unworkable.

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