Catalog
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| Issuer | Bank of Mongolia |
|---|---|
| Year | 1992 |
| Type | Non-circulating coin |
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| Obverse description | At center, the national emblem of the Mongolian People's Republic — a soyombo above a stylized landscape with rays — occupies the central field. The legend MONGOLIAN PEOPLES REPUBLIC curves along the upper periphery in Latin script. The date 19 92 flanks the emblem at mid-field, with the denomination 200 below in large numerals. A decorative ruled border frames the lower portion of the field, and the fineness mark .999 appears in the exergue. |
|---|---|
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| Obverse lettering | MONGOLIAN PEOPLE'S REPUBLIC 19 92 200 ᠲᠥᠭᠦᠷᠢᠭ᠌ |
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| Additional information |
Issued during a wave of Columbus quincentenary commemoratives that flooded world markets in 1992, Mongolia's entry was one of dozens of small-format gold pieces produced by mints across Europe and Asia for countries with no historical connection to the event whatsoever. The Bank of Mongolia contracted these issues largely as hard-currency earners during the country's painful transition away from the Soviet-era command economy — collector coins sold abroad for foreign exchange, not for domestic circulation.
The 3.11 g weight is not coincidental: it is a tenth of a troy ounce, the standard fractional bullion denomination favored by commemorative programs targeting Western coin investors.