Catalog
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| Issuer | Bank of Mongolia |
|---|---|
| Year | 1997 |
| Type | Non-circulating coin |
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| Obverse description | The Mongolian national emblem, the Soyombo symbol, is depicted in high relief at the centre of the field, surrounded by radiating sunrays. The denomination '10 000' appears in the upper field, with the legend 'MONGOLIA' running vertically along the right side. Mongolian script legend is inscribed to the left. The inscription '1 OZ 9999 GOLD' appears in the lower exergue. The entire design is encircled by a traditional Mongolian ornamental border pattern. |
|---|---|
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| Reverse script | Latin/Mongolian |
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| Additional information |
Mongolia's Year of the Ox issue was part of a broader lunar series produced in the mid-1990s as the country sought hard currency earnings following the collapse of Soviet subsidies that had propped up the Mongolian economy through the 1980s. The Bank of Mongolia turned aggressively to commemorative bullion coinage during this period — effectively monetizing international collector demand while domestic circulation coinage remained chronically underfunded.
The .9999 fineness matches the troy ounce weight exactly, placing this squarely in the investment-grade bullion category rather than a purely numismatic issue.