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| Issuer | Bank of Mongolia |
|---|---|
| Year | 1996 |
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| Shape | Round |
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| Obverse lettering | ᠮᠤᠩᠭᠤᠯ ᠤᠯᠤᠰ MONGOLIA 1000 ᠲᠥᠭᠦᠷᠢᠭ᠌ (Translation: Monggol Ulus (Mongolia) 1000 Tögrög) |
| Reverse description | The central device features two gold-plated nude male figures rendered in the classical Greek athletic tradition, depicted in full stride as ancient Olympic runners, their musculature finely detailed in high relief. The runners are selectively gold-plated, creating a striking two-tone contrast against the matte silver field. In the background, incuse engravings of a classical Greek temple with columns and a solitary column are visible to the left and right respectively. The legend OLYMPIC GAMES is inscribed along the upper border in Latin letters, while the denomination 1000 ТӨГРӨГ appears in the lower field within the central oval device, and the date 1996 is placed at the bottom exergue. |
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| Additional information |
This large-format silver piece belongs to a wave of Mongolian commemorative issues produced through the 1990s, when the Bank of Mongolia aggressively entered the collector coin market following the country's transition from a Soviet-satellite command economy to an independent state after 1990. The program generated hard currency during a period of severe economic contraction — GDP fell by roughly a third between 1990 and 1993.
The "Ancient Runners" subject draws on Mongolia's deep tradition of Naadam festival competition, the three-sport event combining wrestling, horsemanship, and archery that has been documented since at least the thirteenth century.