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50 Chon
| Issuer | Central Bank of Korea (North Korea) |
|---|---|
| Year | 1959 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | First Won (1947-1959) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 조선민주주의인민공화국 조선중앙은행 오십전 1959 (Translation: Democratic People's Republic of Korea, Central Bank of North Korea, Fifty Chon, 1959) |
| Reverse description | Log in to see details |
| Reverse lettering | 조선중앙은행 오십전 50 오십전 (Translation: Central Bank of North Korea, Fifty Chon, 50, Fifty Chon) |
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| Comments |
North Korea's 1959 fractional currency reform produced a set of low-denomination chon notes intended for domestic retail use under the centrally planned economy. The 50 chon sits at the upper end of that fractional series — enough purchasing power for basic staple transactions at state-fixed prices, but issued in paper rather than the aluminum coinage that eventually displaced these notes from circulation.
Pick 12 is scarce in any grade; attrition was high on small-denomination paper in daily use.