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100 Dollars 6% Obligation
| Issuer | Mongolian Government Treasury |
|---|---|
| Year | 1921 |
| Type | Standard circulation banknote |
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| Obverse description | Yellow-toned note with an ornate border incorporating swastika corner motifs and a guilloche frame. At centre, a large circular vignette divided into four quadrants in black, white, red, and yellow — likely a representation of the Buddhist dharma wheel or state emblem — surrounded by dense Mongolian script text in Traditional Mongolian vertical script filling both side panels. The serial number appears twice in the upper margin, with trilingual inscriptions in Mongolian, English, and Russian across the lower portion reading 'MONGOLIAN GOVERNMENT'S TREASURE / 6% PROVISIONARY OBLIGATION / 100 DOLLARS' and the Cyrillic equivalent. |
|---|---|
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| Reverse lettering | ᠡᠨᠡᠬᠦ ᠪᠠᠭᠠ ᠪᠣᠯᠵᠣᠭᠠᠲᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠪᠣᠯᠪᠠᠰᠤ ᠠᠯᠢᠪᠠ ᠠᠯᠪᠠᠨ ᠤ ᠭᠠᠵᠠᠷ ᠤᠳ ᠲᠤ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠲᠡᠢ ᠠᠳᠠᠯᠢ᠂ ᠲᠣᠭᠠᠨ ᠤ ᠶᠣᠰᠣᠭᠠᠷ ᠠᠪᠤᠮᠤᠢ᠃ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠡᠨᠡ ᠣᠨ᠂ ᠠᠷᠪᠠᠨ ᠰᠠᠷᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠠᠴᠠ ᠡᠬᠢᠯᠡᠨ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠢᠶᠠᠨ ᠪᠦᠯᠢᠶᠡᠬᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠢᠶᠡᠷ ᠰᠣᠯᠢᠭᠤᠯᠤᠨ ᠬᠤᠷᠢᠶᠠᠮᠤᠢ ᠬᠡᠮᠡᠬᠦ ᠪᠣᠯᠵᠣᠨ ᠳᠣᠣᠷᠠ ᠦᠯᠦ ᠲᠤᠰᠢᠶᠠᠭᠰᠠᠨ ᠲᠡᠮᠳᠡᠭ ᠢ ᠳᠠᠷᠤᠭᠠ ᠪᠣᠯᠬᠤ ᠲᠠᠪᠤᠨ ᠵᠢᠯ ᠳᠣᠲᠣᠷᠠ ᠰᠣᠯᠢᠭᠤᠯᠵᠤ ᠪᠣᠯᠬᠤ ᠠᠴᠠ ᠭᠠᠳᠠᠨᠠ ᠬᠡᠷᠪᠡ ᠮᠥᠩᠬᠦᠦ ᠴᠠᠭ ᠲᠤ ᠰᠤᠯᠢᠵᠤ ᠦᠯᠦ ᠴᠢᠳᠠᠭᠰᠠᠨ ᠲᠡᠮᠳᠡᠭ ᠪᠣᠯᠬᠤ ᠠᠪᠠᠰᠤ ᠬᠡᠷᠡᠭᠰᠡᠬᠦ ᠦᠭᠡᠢ ᠪᠣᠯᠤᠮᠤᠢ᠃ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠪᠠᠷᠢᠭᠴᠢᠳ ᠲᠤ ᠠᠷᠪᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠲᠤᠲᠤᠮ ᠠᠴᠠ ᠨᠢᠭᠡ ᠵᠢᠯ ᠳᠣᠣᠷᠠ ᠵᠢᠷᠭᠤᠭᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠤ ᠬᠡᠦ ᠦᠷᠡᠵᠢᠭᠦᠯᠦᠨ ᠠᠰᠢᠭ ᠪᠣᠯᠭᠠᠮᠤᠢ᠃ ᠬᠡᠮᠡᠭᠰᠡᠨ ᠠᠰᠢᠭ ᠢ ᠰᠠᠷᠠ ᠳᠠᠷᠠᠭᠠᠯᠠᠨ ᠥᠩᠭᠡᠷᠡᠭᠡᠭᠰᠡᠨ ᠰᠠᠷᠠ ᠪᠦᠷᠢ ᠪᠣᠳᠣᠵᠤ ᠬᠠᠷᠢᠨ ᠲᠡᠮᠳᠡᠭ ᠭᠠᠷᠤᠭᠰᠠᠨ ᠠᠴᠠ ᠡᠬᠢᠯᠡᠨ ᠨᠢᠭᠡᠨ ᠵᠢᠯ ᠦᠨ ᠬᠦ ᠡᠴᠡ ᠬᠡᠲᠦᠷᠡᠭᠦᠯᠬᠦ ᠦᠭᠡᠢ ᠪᠡᠷ ᠣᠯᠭᠤᠮᠤᠢ᠃ ᠡᠨᠡᠬᠦ ᠬᠡᠦ ᠪᠣᠯᠪᠠᠰᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥ ᠵᠦᠢᠯ ᠢᠶᠡᠷ ᠰᠣᠯᠢᠭᠤᠯᠬᠤ ᠶᠢᠨ ᠴᠠᠭ ᠲᠤ ᠬᠠᠮᠲᠤ ᠪᠠᠷ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠠᠴᠠ ᠭᠦᠢᠴᠡᠳᠭᠡᠨ ᠲᠥᠯᠮᠣᠢ᠃ Payable to the bearer on demand in local currency on or after november 20-th 1921. Срокъ обмѣна на наличную валюту 20 ноября 1921 г. |
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| Comments |
Mongolia's 1921 Treasury obligations were issued in the immediate aftermath of the country's declaration of independence from China, with the new government desperately short of both hard currency and functioning financial infrastructure. Denominating obligations in U.S. dollars rather than any local unit was a pragmatic admission that the tögrög did not yet exist — it wouldn't be introduced until 1925 — and that foreign trade creditors would accept nothing else.
The American Bank Note Company contract was almost certainly arranged through connections with the White Russian administration that briefly held Urga before the Mongolian People's Revolutionary government took power in July 1921. Whether obligations printed before that transition were honored by the incoming government remains a genuinely open question in Mongolian monetary history.