Catalog
25 Dollars 6% Obligation
| Issuer | Mongolian Government Treasury |
|---|---|
| Year | 1921 |
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| Composition | Paper |
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| Obverse description | Central vignette of a four-pointed oval medallion in blue, yellow, pink, and white, set within a plain circular border, positioned at the upper centre of the note. The field is filled on left and right with dense vertical columns of traditional Mongolian script. Trilingual inscriptions in Mongolian script, English, and Russian below the central vignette read MONGOLIAN GOVERNMENT'S TREASURE / 6% PROVISIONARY OBLIGATION / 25 DOLLARS, with the denomination repeated in Cyrillic at the base; the ornate border is composed of repeating geometric and floral motifs with yin-yang symbols at the lower corners. |
|---|---|
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| Reverse description | Central vignette of a white domestic ox standing in profile to the left, set within a blue semicircular underprint evoking a pastoral landscape. The field surrounding the vignette is filled with dense vertical columns of traditional Mongolian script forming the bulk of the note's text. At the lower margin, a rectangular panel carries the bilingual payability clause in English and Russian; the decorative border mirrors the obverse, with interlaced geometric corner ornaments and yin-yang medallions. |
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| Comments |
Mongolia's 1921 treasury obligations were issued in the immediate aftermath of the February revolution that expelled Chinese Beiyang forces and established the Mongolian People's Government. The denomination in dollars — rather than any Chinese or Russian unit — reflects the practical reality of that moment: the new government had no currency infrastructure of its own and was operating in a region where multiple foreign currencies competed for acceptance.
The 6% obligation designation marks this as an interest-bearing instrument, functioning closer to a war bond than a banknote. P#A2 is among the rarest entries in Mongolian paper money; very few examples are documented in major collections.