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500 Won Hockey
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 1988 |
| Type | Non-circulating coin |
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|---|---|
| Obverse script | Hangul, Latin |
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| Reverse lettering | 500 WON OLYMPIC WINTER GAMES 1988 |
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| Additional information |
Issued to mark the 1988 Seoul Olympics — hosted by South Korea, the DPRK's ideological adversary — North Korea produced this coin despite boycotting the Games entirely. Pyongyang had lobbied aggressively to co-host the event, and when those negotiations collapsed in 1987, the DPRK withdrew and persuaded Cuba, Ethiopia, and a handful of allied states to follow. Minting Olympic-themed silver for hard currency export while refusing to send athletes is precisely the kind of contradiction that defines DPRK numismatic output from this period.