2500 Tögrög Year of the Pig

Mongolia's mid-1990s commemorative program leaned heavily on the international collector market, and the lunar series it produced during this period was manufactured almost entirely for export rather than domestic circulation. The Bank of Mongolia had virtually no tradition of large-format silver issues before this era — the country had operated a Soviet-aligned monetary system for most of the 20th century, and independent commemorative coinage only became viable after the 1990 democratic transition dismantled the old Mongolian People's Republic framework.

At 155.52 grams, this is a five-troy-ounce piece — a format favored by bullion-adjacent collector issues of the 1990s when silver spot was low and large planchets were cheap to produce relative to retail markup.