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50 Cents

Issuer Mongolian State Treasury
Year 1924
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Currency Mongolian Dollar (1921-1925)
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Reverse description The reverse presents a landscape-oriented design with a central cream-coloured rectangular text panel bearing multiple lines of traditional Mongolian script, set against a light ground. The border is composed of blue scrollwork and foliate ornamentation in an East Asian decorative style, with two oval cartouches at the left and right margins also carrying Mongolian script. A further line of Mongolian script runs along the bottom edge of the central panel.
Reverse lettering ᠕᠐ ᠮᠥᠩᠭᠥ ᠮᠣᠩᠭᠣᠯ ᠤᠯᠤᠰ ᠤᠨ ᠬᠦ ᠶᠢᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠲᠡᠮᠳᠡᠭᠲᠦ ᠴᠠᠭᠠᠰᠤ᠂ ᠮᠣᠩᠭᠣᠯ ᠤᠨ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷᠣᠨ ᠳᠤ ᠬᠡᠪᠯᠡᠨ ᠭᠠᠷᠭᠠᠪᠠᠢ᠂ ᠤᠯᠤᠰ ᠤᠨ ᠬᠦ ᠶᠢᠨ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥ ᠪᠡᠷ ᠪᠠᠲᠤᠯᠠᠪᠠᠢ᠂ ᠕᠐ ᠮᠥᠩᠭᠥ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠲᠡᠷᠢᠭᠦᠨ ᠰᠠᠶᠢᠳ ᠳᠠᠨᠽᠠᠨ᠂ ᠬᠦᠦ ᠶᠢᠨ ᠨᠢᠷᠪᠠ ᠳᠠᠪᠠᠭ᠎ᠠ᠂
(Translation: Mongolian State Treasury Paper Banknote, Printed in the 11th year of Mongolia, Approved as State Treasury currency, 50 Möngö, each 7 mace, Minister of Finance Dangzan, Treasury Keeper Davaa.)
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Mongolia's 1924 currency series was issued immediately following the establishment of the Mongolian People's Republic and the creation of the Mongolian State Treasury — this 50 Cents note belongs to the very first emission of modern Mongolian paper currency. The denomination itself reflects a transitional monetary framework that borrowed nomenclature from neighboring currencies before the tögrög was introduced the following year, in 1925, rendering this entire series obsolete almost immediately after issue.

Goznak's Moscow facilities printed the series, a predictable arrangement given the Soviet role in administering the young republic. The "R" suffix in the Pick reference denotes a remainder — unissued stock — which accounts for most surviving examples today.