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25 Tögrög

Issuer Mongolian Trade and Industry Bank
Year 1939
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Value 25 Tögrög (25 MNT)
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Obverse lettering 1939 ᠪᠦᠭᠦᠳᠡ ᠨᠠᠶᠢᠷᠠᠮᠳᠠᠬᠤ ᠮᠣᠩᠭᠣᠯ ᠠᠷᠠᠳ ᠤᠯᠤᠰ᠃ ᠒᠙ ᠮᠣᠩᠭᠣᠯ ᠤᠨ ᠬᠤᠳᠠᠯᠳᠤᠭ᠎ᠠ ᠪᠠ ᠠᠵᠤ ᠦᠢᠯᠡᠳᠪᠦᠷᠢ ᠶᠢᠨ ᠪᠠᠩᠬᠢ᠃ 25 ᠬᠣᠷᠢᠨ ᠲᠠᠪᠤᠨ ᠲᠥᠭᠦᠷᠢᠭ ᠒᠕
(Translation: Mongolian People's Republic, 29, Twenty Five Tögrög 25, Mongolian Trade and Industry Bank)
Reverse description The reverse is dominated by a large multicolour guilloche rosette at centre, rendered in interlocking blue, ochre, and pale green lathe-work, with the denomination numeral '25' worked into paired vignettes at left and right within scalloped medallions. Classical Mongolian script text is arranged vertically in columns across the central panel, giving the note a distinctly traditional character. Corner numerals '25' and Mongolian script denomination indicators appear at each corner against a fine overall geometric underprint.
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Comments

The Mongolian Trade and Industry Bank — Mongolyn Худалдаа Аж Үйлдвэрийн Банк — was the sole issuing authority for Mongolian currency through much of the early Soviet-aligned period, and its 1939 series was produced entirely by Goznak in Moscow, which handled banknote and security document production for the USSR and several allied states. Mongolia's financial infrastructure in this period was so thoroughly integrated with Soviet institutional frameworks that design, printing, and likely paper stock all originated in Russia with minimal local input.

The 1939 date places this note in the year of the Battle of Khalkhin Gol, the undeclared border war fought largely on Mongolian soil against Japan. Whether that conflict affected distribution of this series is not documented, but the timing is not incidental to understanding the political moment of its issue.

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