Catalog
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| Issuer | Central Bank of the Democratic People's Republic of Korea |
|---|---|
| Year | 2002 |
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| Reference(s) | P#CS WA21 |
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|---|---|
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| Reverse description | The reverse is centred on an intaglio rendering of the Monument to the Founding of the Korean Workers' Party in Pyongyang, its three iconic stone pillars — bearing a hammer, sickle, and writing brush — rising above a broad plinth with an inscription frieze and flanking trees. A fine guilloche underprint in pale violet tones frames the composition, with the issuing authority name in Korean at upper left and the denomination '50' in numeral and Korean script at upper right and lower right respectively. |
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| Protection type | Security thread, Watermark |
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| Comments |
North Korean won notes of this period occupy an odd category in collector reference systems — the "CS" designation in the Pick numbering indicates a "collectors' series," meaning these were issued specifically for foreign currency shops and tourist use, not for domestic circulation among ordinary citizens. The North Korean dual-currency system kept hard-currency coupons strictly separate from the domestic won used by the general population.
The 2002 date places this note just before the July 2002 economic reforms, which partially acknowledged the existence of market prices for the first time in the DPRK's post-war history.