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50 Won

Issuer Central Bank of the Democratic People's Republic of Korea
Year 1978
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Currency Won (1947-date)
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Obverse lettering 조선민주주의인민공화국
중앙은행
주체
오십원
다음걸 경축 90돐
주체91(2002)년4월15일
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Reverse lettering 50
조선민주주의인민공화국중앙은행
오십원
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Comments

North Korea's 1978 note series was issued in two distinct forms: one for domestic use and one — distinguished by red serial numbers and a special overprint or seal — intended for foreign visitors and diplomats operating through the state's won exchange system. Determining which sub-type a given example represents matters considerably for attribution. P#8B falls within the domestic civilian issue, circulating through the tightly controlled ration-based economy where cash played a more symbolic than transactional role.

The watermark on this series is a simple repeating pattern, unremarkable by international standards but notable given how little investment Pyongyang typically made in anti-counterfeiting infrastructure at this period.

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