100 Tögrög Discovery of America - Columbus

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.