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500 Won Central Bank

Issuer Central Bank of the Democratic People's Republic of Korea
Year 1988
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Technique Milled
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Obverse description The national emblem of the Democratic People's Republic of Korea occupies the central field, depicting a hydroelectric power station and a stylized mountain landscape framed by sheaves of rice tied with a red ribbon, surmounted by a five-pointed star radiating rays. An olive branch flanks each side of the emblem at the lower field. The Hangul legend running along the upper periphery reads the full name of the state, while the date '1988' appears in the exergue above the inscription '40돐' denoting the 40th anniversary of the founding of the republic.
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Reverse script Hangul, Latin
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Additional information

North Korea issued a series of gold and silver collector pieces in the late 1980s primarily for foreign exchange — hard currency earned through numismatic export rather than domestic circulation. These coins never entered the DPRK economy in any meaningful sense. The intended buyers were Western and Japanese dealers operating through intermediaries, since direct transactions with Pyongyang were legally complicated for most potential customers.

KM#30 is part of that 1988 bullion-adjacent collector series. The .999 fineness at roughly a half-troy-ounce weight places it squarely in a format calculated to appeal to the international collector market of that decade.

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