500 Tögrög Year of the Goat

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.