Preliminary identification
Photo reference
1 uploaded photo
Overview
This is a highly collectible 100 Won banknote issued by North Korea in 1959, featuring classic socialist realist iconography. The front depicts a peasant holding a rake and an industrial worker holding a sledgehammer, symbolizing the alliance of agriculture and industry. It is a fascinating, tangible piece of Cold War history from one of the most isolated nations on Earth.
Story
Issued in 1959, this banknote was part of a major currency reform designed to stabilize North Korea's post-war economy. It captures a moment of intense state-building, using propaganda art to unite a divided population.
Maker / Origin
The Central Bank of the Democratic People's Republic of Korea was established in 1946. Its currency designs during this era were heavily influenced by Soviet graphic design, utilizing state-approved artists to create highly stylized, ideological imagery meant to inspire the working class.
Condition & Value
The banknote shows visible signs of circulation, including minor creasing, corner wear, and slight discoloration/toning along the edges. There are no major tears or heavy stains visible, which keeps it in a very collectable, fine-to-very-fine circulated state. Pristine, uncirculated examples command a 100-200% premium.
Full Research
Sold comps, value drivers, and venue guidance pulled from recent auction results.
Build on this identification
Layer in sold comps, value drivers, and venue guidance.
Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.
Best Venue
Specialty auction or a focused dealer with buyers already in this lane.
Signed example with light edge wear and original frame.
Comparable format with stronger provenance and cleaner surface.
Smaller related piece with visible craquelure and trimmed margins.
Period match with softer condition and weaker subject matter.
Close market lane comp with similar material and presentation.