Catalog
100 Dollars 6% Obligation
| Issuer | Mongolian Government Treasury |
|---|---|
| Year | 1921 |
| Type | Standard circulation banknote |
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| Obverse lettering | ᠮᠣᠩᠭᠣᠯ ᠤᠯᠤᠰ ᠤᠨ ᠰᠠᠩ ᠠᠴᠠ ᠣᠯᠠᠨᠠ ᠡᠷᠭᠦᠭᠳᠡᠭᠰᠡᠨ ᠦ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷ ᠣᠨ ᠠᠷᠪᠠᠨ ᠰᠠᠷᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠬᠦᠷᠲᠡᠯᠡ ᠬᠡᠮᠡᠬᠦ ᠬᠤᠭᠤᠴᠠᠭᠠ ᠪᠠᠷ ᠭᠠᠷᠭᠠᠭᠰᠠᠨ ᠪᠦᠭᠦᠳᠡ ᠨᠢᠭᠡᠨ ᠵᠠᠭᠤᠨ ᠬᠤᠪᠢ ᠠᠴᠠ ᠵᠢᠷᠭᠤᠭᠠᠨ ᠬᠤᠪ ᠤᠨ ᠬᠡᠦ ᠦᠷᠡᠵᠢᠭᠦᠯᠵᠦ ᠪᠦᠬᠦᠢ ᠪᠠᠭᠠ ᠪᠣᠯᠵᠣᠭᠠᠲᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ᠃ ᠡᠨᠡᠬᠦ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠲᠤᠰᠢᠶᠠᠭᠰᠠᠨ ᠬᠦᠨᠳᠦ ᠤᠭ ᠲᠣᠭᠲᠠᠭᠰᠠᠨ ᠪᠣᠯᠵᠣᠭᠠ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠠᠴᠠ ᠠᠷᠪᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠤ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠢ ᠭᠦᠢᠴᠡᠳᠭᠡᠨ ᠲᠥᠯᠮᠣᠢ᠃ ᠡᠭᠦᠨ ᠦ ᠲᠤᠯᠠ ᠭᠠᠷ ᠤᠨ ᠵᠢᠷᠤᠭ ᠲᠠᠯᠪᠢᠭᠰᠠᠨ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠲᠡᠷᠢᠭᠦᠨ ᠰᠠᠶᠢᠳ᠃ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠵᠦᠪᠳᠡᠬᠦ ᠲᠦᠰᠢᠮᠡᠯ᠃ ᠨᠡᠶᠢᠰᠯᠡᠯ ᠬᠦᠷᠢᠶᠡ᠃ ᠣᠯᠠᠨᠠ ᠡᠷᠭᠦᠭᠳᠡᠭᠰᠡᠨ ᠦ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷ ᠣᠨ᠂ ᠳᠥᠷᠪᠡᠨ ᠰᠠᠷᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠅ MONGOLIAN GOVERNMENT`S TREASURE. 6 % PROVISIONARY OBLIGATION. 100 DOLLARS 6 % КРАТКОСРОЧНОЕ ОБЯЗАТЕЛЬСТВО МОНГОЛЬСКИЙ ГОСУДАРСТВЕННОЙ КАЗНЫ 100 ДОЛЛАРОВЪ |
| Reverse description | Yellow-toned reverse with an ornate border incorporating yin-yang corner medallions and interlaced Celtic-style knot motifs at top corners. The upper centre bears a rectangular official seal or stamp overprint in blue and red with Mongolian script. Dense vertical Mongolian script text fills both side panels. At lower centre, a semicircular vignette shows a Bactrian camel standing in a landscape with mountains in the background, rendered in a linear engraving style. A bilingual inscription in English and Russian along the bottom reads the redemption terms dated 20 November 1921. |
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| Comments |
Mongolia's 1921 Treasury obligations were issued in the immediate aftermath of the country's declaration of independence from China, with the new government desperately short of both hard currency and functioning financial infrastructure. Denominating obligations in U.S. dollars rather than any local unit was a pragmatic admission that the tögrög did not yet exist — it wouldn't be introduced until 1925 — and that foreign trade creditors would accept nothing else.
The American Bank Note Company contract was almost certainly arranged through connections with the White Russian administration that briefly held Urga before the Mongolian People's Revolutionary government took power in July 1921. Whether obligations printed before that transition were honored by the incoming government remains a genuinely open question in Mongolian monetary history.