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25 Tögrög

Issuer Mongolian People's Republic
Year 1925
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Reference(s) P#11
Obverse description The obverse is dominated by a large central guilloche rosette flanked by two smaller guilloche medallions, each bearing the denomination numeral in traditional Mongolian script. The numeral '25' appears in the upper left and lower right corners in Western digits, with serial number and prefix in the upper portion. Mongolian script inscriptions are interspersed throughout the border and between the guilloche elements, set against a fine lathe-work underprint.
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Reverse description The reverse is printed in green and centred on a large oval guilloche vignette containing the denomination numeral in Mongolian script. The date '1925' appears below the central vignette. Mongolian script text in vertical columns runs along the left border and the right side of the note, comprising the issuing authority's declaration and note conditions.
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Comments

Mongolia's 1925 currency introduction was the first time the country had issued its own paper money as an independent state — the tögrög replaced the Chinese tael and a chaotic mixture of foreign currencies that had circulated under Chinese rule and during the revolutionary transition. The Goznak facility in Moscow was the natural choice for a Soviet-aligned state with no printing infrastructure of its own, and the entire founding series was produced there.

P#11 is among the higher denominations of that inaugural issue, making circulated survivors relatively uncommon. The 1925 series was not replaced until 1939.