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Coins with no "stars" were for general circulation in North Korea, coins marked with one star were for "socialist visitors", and coins marked with two stars were for designated for "capitalist visitors".
A fourth set, intended for collectors rather than circulation, was struck with the word "specimen" or "example" in Korean characters in the areas where the stars would be.
These coins were less impressive compared to the older series, being very plain and generic in design.
All circulation coins of the Second Won were struck in aluminum.
Most, if not all of them are sold to foreign numismatists.
Some of these are official, state approved coins, others are not.
Coins were issued in 10, 50 chon and 1 won denominations in 2002 and 1 and 5 chon denominations in 2008. These coins feature the national coat of arms on the obverse and flowers, particularly the Kimjongilia and the Kimilsungia, on the reverse of the 10 and 50 chon. Initially struck in 2002, the coins were intended for use shortly after the dollar peg was removed from the currency.
The 50 chon and 1 won were smaller than the previous designs, while the new 10 chon was the same size as the old.
In 2008, 1 and 5 chon coins were also struck when a plan for monetary revaluation began.
This tied won does not exist in the form of bank notes.
In normal stores and markets goods are priced in what has been called the 'untied' won or free market rate and regular banknotes can be used here.
These coins were often restruck with the original dates in later years; however, 19 dates also appear on the 1 and 5 chon.
In 1978, 50 chon coins featuring the Chollima horse statue and a rising sun were introduced into circulation during the 1979 currency reform to allow greater flexibility for vendors by eliminating the 50 chon banknote and large amounts of "small change" coinage carried.
These were in denominations of 1, 5, 10, and 100 won.