Catalog
| Issuer | Bank of Mongolia |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Tögrög (1925-date) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Mongolian |
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| Mintage | 1993 - Proof - 50 |
| Additional information |
Mongolia's 1993 gold issues were produced during a period of acute economic dislocation following the collapse of Soviet subsidy structures in 1991. The country had abandoned central planning, and the Bank of Mongolia was simultaneously trying to establish credibility as an independent monetary authority while the tögrög was losing purchasing power rapidly. Large-denomination gold coins of this period functioned as bullion-backed prestige pieces aimed squarely at foreign collectors, not domestic circulation.
At 155.50 grams of .999 fine gold, this is a five-troy-ounce piece — a format used when an issuing authority wants a flagship presence in the collector market. The Year of the Rooster fell in 1993 in the Chinese lunisolar calendar, tying this issue to a well-established East Asian numismatic collector series with reliable demand.