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100 Tögrög Discovery of America - Columbus
| Issuer | Mongolia |
|---|---|
| Year | 1992 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A bold facing portrait of Christopher Columbus occupies the left and central portion of the inner circle, rendered in high relief against a dark field. To the right of Columbus, a period sailing vessel — representing one of his fleet — is depicted at sea. The design is framed by a raised circular border with parallel decorative lines above and below the central motif. The legend DISCOVERY OF AMERICA arcs along the upper periphery, while the commemorative dates 1492•1992 appear on a curved band in the lower portion of the inner circle. |
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| Additional information |
Mongolia's entry into the 1992 commemorative gold market was frankly opportunistic — dozens of nations with no historical connection to Columbus issued collector pieces to capitalize on the quincentenary. The Mongolian State Bank contracted these out through international minting intermediaries, and the coins were sold almost exclusively to Western and Japanese collectors rather than circulating domestically in any meaningful sense.
At 1.56 g, the gold content is just under one-twentieth of a troy ounce — a weight class deliberately chosen to produce an affordable price point for the commemorative market.