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Total commemorative banknotes issued is under 1,500 pieces. If you have achieved any figures close to this, then you are doing extremely well, as many of the older commemorative notes are hard to find even in poor conditions.

Opinion: Many collectors of commemorative banknotes would have come across with those Somaliland sets overprinted with gold and silver texts with the following wordings - 5th Anniversary of Independence 18 May 1996 [Sanad Gurade 5ee Gobanimadda 18 May 1996]. I believe these are "home made" (or fake) and not authorised by the central bank. My argument is simple. No central bank would have issued an overprint commemorative banknote that the texts are so large that it would cover the two signatures on the note as well as part of the serial numbers. Even if these are genuine notes, then these could be issued as souvenir sheets and not as legal tender. As I said before, this is my opinion. If you have paid top dollars for these, please think about my argument. There is always a sucker around the corner, including me of course!

All comments are most welcome but it has to be subjects related to banknotes or banknotes collection. If not, it will not be approved. Thanks

01 August 2015

North Korea - 5000 Won Workers Party of North Korea 70th Anniversary

Five Thousand Won
Dated 2013 (2015)
5000 Won dated 2013. This note was issued to commemorate the 70th Year (Septuagennial) of the founding of the Workers Party of North Korea (WPNK). The Workers Party of North Korea was established during the founding congress meeting held on 28-30 August 1946 with congress elected Kim Tu-bong as the party first Chairman and Kim Il-sung as his deputy. This note has 7-zero serial number but does not have the usual Korean Specimen printed on it. Is this note real or it's just a home made piece? Were there any circulating notes issued?

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