Featured North Korean money

Discussion in 'Antique Discussion' started by m3ltdown, May 13, 2017.

  1. m3ltdown

    m3ltdown Active Member

    Hello,

    I recently purchased 1,500+ bank notes i found this note.

    The serial looks LOW, i am new to collecting items!

    I know its not allowed to sell north Korean money on ebay or purchase it threw paypal
    and your not allowed to take money in and out of the country.

    The currency conversion rate for it is like £1 for £0000.50

    however would this note have any value?
    I also have 5,000 and 10,000 versions which are worth £5 and £15 UNC but they have much higher serial numbers.

    thank you,
    Adam 18280103_1388222344628188_1264655659_n (1).jpg 18280103_1388222344628188_1264655659_n (1).jpg 18280103_1388222344628188_1264655659_n (1).jpg 18280264_1388222864628136_1436492034_n.jpg 18302275_1388223294628093_770646008_n.jpg 18302275_1388223294628093_770646008_n.jpg 18302131_1388223024628120_370827665_n.jpg

    sorry for the large images i am new here!
     
    m3ltdown, May 13, 2017
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  2. komokwa

    komokwa The Truth is out there...!

    nice pics mate !!!
     
    komokwa, May 13, 2017
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  3. afantiques

    afantiques Well-Known Member

    Some North Korean notes find their way onto the market, some prominent NKs probably get allowed to travel, mainly to China and anything in China is for sale.
    I'd buy the three notes for my collection for a reasonable price, I don't get out much nowadays so odd casual purchases are about the only way to build my collection. I'd probably also be interested in some of the rest of the notes you bought. What I will do is send you a personal message using the conversation facility here. As yoou are new I thought I'd better tell you to look out for a red tab top right of your page where it says 'inbox'. We are both in the UK.

    As for the serial number, no one knows how many series with different prefixes they issued, each of 10 million (-1) notes. I don't think anythiing higher than a hundred would be considered low, and in any case, I'd not expect interest in modern North Korea to be specialised enough to worry about serial numbers.
     
    afantiques, May 13, 2017
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  4. daveydempsey

    daveydempsey Moderator Moderator

    I got some uncirculated NK money with low numbers last year, they were in a lot I bought from a collector.
    I collect banknotes too.

    img276.jpg

    img277.jpg

    img278.jpg
     
    daveydempsey, May 14, 2017
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  5. m3ltdown

    m3ltdown Active Member

    Nice photos and some low serials, so do our low serials have any value?
     
    m3ltdown, May 14, 2017
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  6. daveydempsey

    daveydempsey Moderator Moderator

    Minimal value and the prices you quoted for the uncirculated ₩5000 & ₩10,000 are the world exchange rates and hardly anyone does dealings with NK so I think you would struggle at your local bureau de change.
    Good to collect though, not many folks have them.
     
    daveydempsey, May 15, 2017
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  7. m3ltdown

    m3ltdown Active Member

    What should I price them at? For all 3 50,1,000, 5,000
     
    m3ltdown, May 15, 2017
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  8. daveydempsey

    daveydempsey Moderator Moderator

    Check your "Inbox" I think Afantiques was going to make you an offer
     
    daveydempsey, May 15, 2017
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  9. m3ltdown

    m3ltdown Active Member

    These are all my UNC north Korean notes,
    Are some south Korean?
     

    Attached Files:

    m3ltdown, May 15, 2017
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