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700 Won Sailing Junk
| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2002 |
| Type | Non-circulating coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Hangul |
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| Reverse description | Log in to see details |
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| Reverse lettering | • HISTORY OF SEAFARING • MERCHANTMAN - THE DPR KOREA KORYO PERIOD 918-1392 |
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| Additional information |
North Korea's gold bullion and commemorative issues from the early 2000s were produced primarily for hard currency export, not domestic circulation — the won was non-convertible and ordinary citizens had no access to foreign-trade goods. These pieces were sold through intermediaries in Macao and later through European dealers, generating foreign exchange for a regime under mounting sanctions pressure following its 2002 admission that it had continued a covert uranium enrichment program.
KM#612 is cataloged among a cluster of issues from that same year, suggesting a coordinated release rather than an isolated striking.