Banknote Billet Democratic People´s Republic of Korea 1 won 1992

This 1 Won banknote was issued in 1992 by North Korea (Democratic People's Republic of Korea). It is a Specimen example, making it a particular note, produced not for ordinary monetary circulation, but for official reference purposes, archiving, or distribution to banking institutions and specialist collectors. Specimens are generally identifiable by specific markings or perforations applied to the note to prevent any fraudulent use as a means of payment.

The North Korean won is the official currency of the Democratic People's Republic of Korea. The 1992 issue is part of a period of economic reorganisation in the country, marked by a revision of the range of banknotes in circulation. North Korean banknotes of this era are known for their iconography strongly linked to the regime's ideology, generally depicting national symbols, landscapes characteristic of the country, or references to the nation's political history.

As a specimen, this banknote holds notable documentary and numismatic interest. Examples of this type are produced in very limited quantities, making them rare on the collector's market. Their condition is generally excellent, as they were never intended to circulate. This note carries a face value of 1 won, the smallest significant denomination in the North Korean monetary system, which further enhances its interest as a representative document of the lower end of this country's fiduciary range.

North Korea being a country with very restricted economic and cultural exchanges with the rest of the world, any official monetary document originating from this territory, and even more so a specimen, constitutes a rare piece that is difficult to obtain through conventional channels of international numismatic trade.