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Auction: 373 - World Banknotes at NYINC
Lot: 249

Mongolia, State Treasury Note, 50 cents, 1924, serial number 0908015, ornate design

for the set:

These notes are denominated in dollars and cents and have inverted backs. The face of all these notes bears the inscription, in Mongolian, “Mongolian State Treasury Note,” along with the face value, the year of issue (1921), and the signature of Dava, the finance minister. The text on the back states that counterfeiters will be prosecuted. These remainder notes were not issued, however, since it was decided that the new Mongolian currency would be the tögrög (tugrik, meaning “round”), not the dollar
(Pick 1r, TBB B101r), PMG Top Pop, 65 EPQ Gem Uncirculated, rare

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Sold for
$8,500

Starting price
$3000