496 PCs Block Rocket Launch Year 1998, commemorating the launch of the country's first artificial satellite, Kwangmyongsong-1. Details of the commemorative block: Occasion: Commemorates the launch of the launch vehicle (often identified as the Taepodong-1 rocket) carrying the Kwangmyongsong-1 satellite on August 31, 1998. Design: The sheet depicts the rocket at launch, an Earth orbit, the North Korean flag, and laurel branches. Face Value: The included stamp has a face value of 1.50 won. Inscription: The text in Korean refers to the launch of the first artificial Earth satellite, "Kwangmyongsong-1," in Korea. In stamp catalogs, this block is often listed under number SS 402. It is frequently offered online to collectors as a "Rocket Launch" or "Kwangmyongsong-1" souvenir sheet.