3 Togrog, Mongolia, 1955
3 Tögrög banknote from Mongolia, issued in 1955 by the State Bank of the Mongolian People’s Republic. The obverse features the state emblem of Mongolia on the left, and a portrait of Damdin Sükhbaatar, a Mongolian revolutionary hero, on the right. The reverse features Buddhist eternal knots, and guilloche patterns - fine, interlaced decorative lines that served as an anti-counterfeiting measure.
This note was issued during the socialist period when Mongolia was a close ally of the Soviet Union. Mongolia's Togrog was introduced as a currency in 1925, replacing the Chinese Yuan - Mongolia did not have its own currency till then. This move was a part of the creation of the Mongolian People's Republic. At that time, Mongolia also adopted the Cyrillic (Russian alphabet) - which it continues to use to the present day.
3 is an uncommon denomination - banknotes usually move in denominations of 1-2-5-10. However, USSR and many of its East European satellite states had banknotes in the denomination of 3. This was to make transactions easier - many everyday items were priced in multiples of 3. The denomination of the Tajik banknote shows the Soviet influence.
Size: 150 mm* 82 mm
Read more about this note here
Notes are part of a lot. The note that you get may not be the note in the scan, but will be a piece in similar condition. The notes are in crisp, uncirculated condition and have no folds or damage. Price is for 1 note.
NO RETURNS OR EXCHANGE.