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50 Dollars 6% Obligation

发行方 Mongolian Government Treasury
年份 1921
类型 Standard circulation banknote
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背面描述 Cream-white note set within a dark blue-grey border with traditional Mongolian endless-knot corner ornaments and yin-yang symbols at the lower corners. The lower half of the face carries a central vignette of a standing Mongolian horse in profile within a dark semicircular underprint, above which is a rectangular official ink-stamp impression. Columns of vertical Mongolian script fill the entire field on both sides of the central vignette, with a trilingual text band in Mongolian, English, and Cyrillic Russian running along the lower margin.
背面铭文 ᠡᠨᠡᠬᠦ ᠪᠠᠭ᠎ᠠ ᠪᠣᠯᠵᠣᠭᠠᠲᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠪᠣᠯᠪᠠᠰᠤ ᠠᠯᠢᠪᠠ ᠠᠯᠪᠠᠨ ᠤ ᠭᠠᠵᠠᠷ ᠤᠳ ᠲᠤ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠲᠡᠢ ᠠᠳᠠᠯᠢ᠂ ᠲᠣᠭᠠᠨ ᠤ ᠶᠣᠰᠣᠭᠠᠷ ᠠᠪᠤᠮᠤᠢ᠃ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠡᠨᠡ ᠣᠨ᠂ ᠠᠷᠪᠠᠨ ᠰᠠᠷ᠎ᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠠᠴᠠ ᠡᠬᠢᠯᠡᠨ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠢᠶᠠᠨ ᠪᠦᠯᠢᠶᠡᠬᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠢᠶᠡᠷ ᠰᠣᠯᠢᠭᠤᠯᠤᠨ ᠬᠤᠷᠢᠶᠠᠮᠤᠢ ᠬᠡᠮᠡᠬᠦ ᠪᠣᠯᠵᠣᠨ ᠳᠣᠣᠷ᠎ᠠ ᠦᠯᠦ ᠲᠤᠰᠢᠶᠠᠭᠰᠠᠨ ᠲᠡᠮᠳᠡᠭ ᠢ ᠳᠠᠷᠤᠭ᠎ᠠ ᠪᠣᠯᠬᠤ ᠲᠠᠪᠤᠨ ᠵᠢᠯ ᠳᠣᠲᠣᠷ᠎ᠠ ᠰᠣᠯᠢᠭᠤᠯᠵᠤ ᠪᠣᠯᠬᠤ ᠠᠴᠠ ᠭᠠᠳᠠᠨ᠎ᠠ ᠬᠡᠷᠪᠡ ᠮᠥᠩᠬᠦᠦ ᠴᠠᠭ ᠲᠤ ᠰᠤᠯᠢᠵᠤ ᠦᠯᠦ ᠴᠢᠳᠠᠭᠰᠠᠨ ᠲᠡᠮᠳᠡᠭ ᠪᠣᠯᠬᠤ ᠠᠪᠠᠰᠤ ᠬᠡᠷᠡᠭᠰᠡᠬᠦ ᠦᠭᠡᠢ ᠪᠣᠯᠤᠮᠤᠢ᠃ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠪᠠᠷᠢᠭᠴᠢᠳ ᠲᠤ ᠠᠷᠪᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠲᠤᠲᠤᠮ ᠠᠴᠠ ᠨᠢᠭᠡ ᠵᠢᠯ ᠳᠣᠣᠷ᠎ᠠ ᠵᠢᠷᠭᠤᠭᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠤ ᠬᠡᠦ ᠦᠷᠡᠵᠢᠭᠦᠯᠦᠨ ᠠᠰᠢᠭ ᠪᠣᠯᠭᠠᠮᠤᠢ᠃ ᠬᠡᠮᠡᠭᠰᠡᠨ ᠠᠰᠢᠭ ᠢ ᠰᠠᠷ᠎ᠠ ᠳᠠᠷᠠᠭᠠᠯᠠᠨ ᠥᠩᠭᠡᠷᠡᠭᠡᠭᠰᠡᠨ ᠰᠠᠷ᠎ᠠ ᠪᠦᠷᠢ ᠪᠣᠳᠣᠵᠤ ᠬᠠᠷᠢᠨ ᠲᠡᠮᠳᠡᠭ ᠭᠠᠷᠤᠭᠰᠠᠨ ᠠᠴᠠ ᠡᠬᠢᠯᠡᠨ ᠨᠢᠭᠡᠨ ᠵᠢᠯ ᠦᠨ ᠬᠦ ᠡᠴᠡ ᠬᠡᠲᠦᠷᠡᠭᠦᠯᠬᠦ ᠦᠭᠡᠢ ᠪᠡᠷ ᠣᠯᠭᠤᠮᠤᠢ᠃ ᠡᠨᠡᠬᠦ ᠬᠡᠦ ᠪᠣᠯᠪᠠᠰᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥ ᠵᠦᠢᠯ ᠢᠶᠡᠷ ᠰᠣᠯᠢᠭᠤᠯᠬᠤ ᠶᠢᠨ ᠴᠠᠭ ᠲᠤ ᠬᠠᠮᠲᠤ ᠪᠠᠷ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠠᠴᠠ ᠭᠦᠢᠴᠡᠳᠭᠡᠨ ᠲᠥᠯᠮᠣᠢ᠃ Payable to the bearer on demand in local currency on or after november 20-th 1921. Срокъ обмѣна на наличную валюту 20 ноября 1921 г.
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The 1921 Mongolian treasury obligations are among the most unusual early Central Asian paper issues — denominated in dollars rather than any indigenous currency unit, which reflects the practical reality that the newly declared Mongolian People's Government had no functioning monetary infrastructure and relied heavily on Chinese and Russian silver coinage already circulating in the country. The dollar denomination was likely a pragmatic gesture toward foreign commercial credibility rather than any formal peg.

The 6% interest-bearing structure classifies this technically as a bond obligation rather than circulating currency, though in practice the distinction mattered little on the Mongolian steppe in 1921.