10 Tögrög 50th Anniversary of the State Bank

Historical Context: Issued in 1974, this 10 Tögrög coin commemorates the 50th Anniversary of the State Bank of Mongolia. During this period, Mongolia operated as the Mongolian People's Republic (MPR), a socialist state under the leadership of Yumjaagiin Tsedenbal. The State Bank, established in 1924, was a cornerstone of the nation's planned economy, central to financial stability and development within the Soviet sphere of influence. This anniversary coin highlights a significant milestone in Mongolia's economic sovereignty and socialist construction.

Artistry: The coin's design, typical of state-commissioned works from the era, reflects a blend of socialist realist principles and national symbolism. While the specific engraver is not publicly recorded, the obverse features the national emblem of the MPR, incorporating the Soyombo symbol, a horse, cogwheel, and wheat, all surmounted by a star. The reverse prominently displays a detailed architectural depiction of the State Bank building, flanked by the anniversary dates "1924-1974" and the denomination, rendered with a functional yet commemorative aesthetic.

Technical/Grading: Struck in copper-nickel, this substantial commemorative coin measures 37 millimeters in diameter and weighs 23 grams, offering a generous canvas for its detailed design. Key high-points for grading include the intricate elements of the national emblem, particularly the Soyombo and horse, and the fine architectural details of the State Bank building on the reverse. Collectors should seek examples exhibiting a strong, even strike across these high-relief areas and minimal field chatter, preserving the coin's original luster and sharp definition.