North Korea Coins: Controversial Hermit Collectibles

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North Korea Coins
Controversial Hermit Collectibles

FIND NORTH KOREA COINS FOR SALE

North Korea coins hold a special fascination for collectors all over the world. There have been several issues over the decades, but the overall number of different coins is small enough to be manageable. Building a complete collection of North Korean coins comes with its own interesting issues and sidetracks. Not only is there the built-in thrill of acquiring something from the infamous hermit country, but the Democratic People’s Republic of Korea has made some numismatic decisions at times that have yielded very collectible and curious pieces.

North Korea Coins: Overview

North Korea issued its first coins in 1959. The country used the same monetary units as South Korea, with 1 won equal to 100 chon. Coins have been issued in both units.

See also: China rare coins for collectors and other buyers

About “Won” and “Chon” in Korean

It helps to be able to identify some words in the Korean Hangul writing system, which both Korean nations use.

  • won – Written as 원 in Korean.
  • chon – Written as 전 in Korean. This word is also rendered in English as jeon. Note that many people, including online coin sellers, use chon for North Korea and jeon for South Korea, although this is by no means standard.

Different typefaces, and stylization on coin designs, can make the Korean characters look different than what you see here. Learn to recognize the way the words appear on the coins themselves to make sure.

North Korea Coins: What All Exists

Here is a handy list of what coins North Korea has issued for general circulation over the years. If you’re looking to build a complete set this will tell you where to focus your energies and coin-buying budget.

North Korea rare stamps for philatelists and other buyers

North Korean “First Won” Coins

The “first won” was the first DPRK currency. It was issued beginning in 1947 and consisted of banknotes only, no coins.

North Korean “Second Won” Coins

All coins in this series were made of aluminum. Asterisks indicate that the coin is available in more than one version under the “Communist/Capitalist stars” scheme (see below). Note that dates are not necessarily the year of minting; designs were reused without changing the dates.

  • 1959: 1 chon*, 5 chon, 10 chon*.
  • 1970: 1 chon
  • 1974: 5 chon*
  • 1978: 50 chon*
  • 1987: 1 won
  • 2005: 5 won, 10 won, 50 won, 100 won

North Korean “Third Won” Coins

Coins were minted in 2002 and 2008 but not released to the public until 2009. Like the Second Won, the coins of the Third Won era are all aluminum. None use the “Stars” system.

  • 2002: 10 chon, 50 chon, 1 won
  • 2008: 1 chon, 5 chon

More on MegaMinistore: North Korea Pin and Badge: “Dear Leader” Collectibles

North Korea Coins: Communist/Capitalist “Stars” System

Some early chon coins were issued in three different variants that highlighted the strain (as North Korea saw it) between Communist and Capitalist nations.

  • No stars: On coins intended for use within North Korea by its citizens.
  • ★ One star: On coins intended for use by visitors from other Communist countries.
  • ★★ Two stars: On coins intended for use by visitors from non-Communist countries.
North Korea coins with different stars

No stars, one star, and two stars on otherwise identical 10-chon coins of North Korea.

Browse 25 current North Korea coins for sale offers here

There is often no major difference in the value of these coins, and collecting all the variations is of course a fun way to go. This “Communist stars” system was abandoned on the coins of later years. Note that some North Korean banknotes also used a similar system, marking the difference with colors instead of stars.

North Korea Specimen Coins

More valuable than the different stars coins are North Korea specimen coins. They feature the legend 견본 which is pronounced “gyeonbon” and means “sample” or “specimen”.

North Korea Silver and Gold Proof Coins

North Korea, like most other countries, has regularly courted the international coin collectors’ market. Despite years of famously harsh rhetoric against much of the outside world, the DPRK isn’t shy about selling collectible gold and silver coins to enthusiasts abroad. If this is the type of coin that interests you, check out the online sales listings and see if anyone is offering something up your alley.

More on MegaMinistore: South Korea rare coins for collectors and other buyers

With a constantly-developing history and controversial existence (to put it mildly), North Korea occupies a strange place in modern coin collectors’ lives. If you would like to get some – or all – of the North Korea coins that have been used over the years, the online marketplace is a great place to look. Prices don’t have to be expensive and there is enough variety to keep you occupied while you build your hoard. Happy hunting! 

North Korea coins for sale

Currently showing our favorite 25 listings from eBay vendors. Click for shipping details and money-back guarantee info. North Korea coins listings are chosen using MegaMinistore's original custom technology. We show you only the latest and best sales from safe, trusted vendors. Listings are updated and refreshed every day.

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Showing 1 - 10 of 25

LOT OF 200 UNCIRCULATED KOREA 1,​ 2 CHON 2002 ⭐ AUTOMOBILES ⭐ FOA

Seller: eckozarkpatriot ★★★★★★★★★★ 100% (1,046 ratings)
Location: United States

$499.00 or best offer

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NGC AU58 (1882-83) KOREA CHON ON ENAMEL Commemorative Coin

Seller: apisces ★★★★★★★★★★ 100% (110 ratings)
Location: China

$2,279.99 or best offer

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Korea 1898 2 Chon 5 Fun Coppernickel PCGS MS 63

Seller: coinsnb ★★★★★★★★★★ 99.8% (3,534 ratings)
Location: Spain

$162.00

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(1882-83) Korea Chon Black Enamel KM-1081 NGC MS62 *Rare*

Seller: jwc9574 ★★★★★★★★★★ 100% (21 ratings)
Location: South Korea

$2,600.00 or best offer

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1 Chon Gwang Mu - Russian Occupation • 大韓 • 光武六年 • 일젼 • 1 CHON Korea Coins 1902

Seller: hermsim-8 ★★★★★★★★★★ 100% (3 ratings)
Location: Portugal

$125.00 or best offer

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5 Chon Gwang Mu - Russian Occupation - Korea Coins 1902

Seller: hermsim-8 ★★★★★★★★★★ 100% (3 ratings)
Location: Portugal

$120.00 or best offer

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(1910)Yung Hi 4 Korea 20 Chon PCGS MS62

Seller: hocworldcoins ★★★★★★★★★★ 98.8% (1,039 ratings)
Location: United States

$1,750.00

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KOREA Coins 1959-1978 Double (2) stars,​Complete set,​Blue card

Seller: *a*a*a*a*a* ★★★★★★★★★★ 99.5% (10,432 ratings)
Location: China

$25.00

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KOREA 1/2 CHON 2002 ⭐ BIGHORN SHEEP ⭐ KM# 189

Seller: quinns-dad ★★★★★★★★★★ 99.7% (11,518 ratings)
Location: Germany

$5.27 or best offer

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½ Chon Yung Hee - Japanese Protectorate 隆熙四年 - 1910 Korea Coins

Seller: hermsim-8 ★★★★★★★★★★ 100% (3 ratings)
Location: Portugal

$95.00 or best offer

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