North Korea P 8b / 1 Won 1947 – UNC

£3.50

North Korea P 8b / 1 Won 1947 – UNC

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Description

Issued by North Korea Central Bank
Issue 1947 Issue
Size 115 x 61 mm
Obverse Peasant with hoe and worker holding a sledge-hammer, Factory chimneys symbolizing “bright future” of the nation
Reverse Kumgang Mountain
Remark The original series of 1947 was printed by the Soviet Union and had watermark of a symmetrical pattern.
In the 1990’s the North Korean government realised that there were very few remaining banknotes of this series, which had made them extremly expensive. So the government decided to make an enormous amount of reprints with the only reason to make a large profit from foreign collectors. These reprints does not have a watermark.