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500 Tögrög Year of the Goat

Issuer Bank of Mongolia
Year 2003
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Diameter 38.7 mm
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Obverse description Central field bears the state emblem of the Bank of Mongolia, flanked by the denomination and date. The legend is rendered in both Cyrillic script and traditional Mongolian vertical script, with additional inscriptions in Latin characters indicating the issuer, face value, date, and silver content specifications.
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Edge Reeded
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Additional information

Part of Mongolia's long-running lunar calendar series, this issue marks the Wood Goat year in the traditional twelve-year cycle observed across much of East and Central Asia. The Bank of Mongolia began issuing collector-focused silver pieces in the 1990s as a deliberate hard-currency earner, with the lunar series among the most consistently produced. The 2003 Goat corresponds to the Wood Goat year, which last fell in 1943 — wartime, and a period when Mongolia was deeply enmeshed in Soviet economic planning with no independent numismatic program to speak of.

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