Catalog
3 Dollars
| Issuer | Mongolian People's Government |
|---|---|
| Year | 1924 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ᠪᠤᠰᠤᠳ ᠬᠦᠮᠦᠨ ᠳᠠᠭᠤᠷᠢᠶᠠᠨ ᠦᠢᠯᠡᠳᠪᠡᠰᠦ ᠬᠠᠤᠯᠢ ᠶᠣᠰᠣᠭᠠᠷ ᠢᠯᠠᠯᠤᠮᠤᠢ THREE DOLLARS (Translation: Anyone who counterfeits will be prosecuted by law) |
| Reverse description | The reverse is printed in multicolour on a warm cream ground, with an elaborate floral and foliate scrollwork design in pink, blue, green, and gold filling the entire field. A large central circular guilloche medallion with a four-pointed star motif is surrounded by ornate arabesque vines. Four circular corner medallions each bear the numeral '3' or 'DOLLARS' in green, and two smaller circular Mongolian script vignettes flank the central medallion. The denomination 'THREE DOLLARS' appears in letterpress at the lower centre within the decorative underprint. |
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| Comments |
The Mongolian People's Government established its first national bank, the Mongolian Trade and Industrial Bank (Mongol bank), in 1924 — the same year this note was issued. The currency was denominated in dollars rather than any Mongolian unit, a pragmatic decision reflecting the dominance of Chinese silver dollars in regional trade at the time. A distinct Mongolian monetary identity came later.
The "R" suffix in the Pick reference denotes a remainder — unissued stock, never formally released into circulation. Remainders from this series survive in far better condition than circulated examples, which are exceptionally rare.