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1000 Tögrög Leonardo Da Vinci

Issuer Bank of Mongolia
Year 1999
Type Non-circulating coin
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Reverse script Latin
Reverse lettering LEONARDO DA VINCI 1452-1519 1999
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Additional information

Part of a wave of Mongolian commemorative gold issues produced in the late 1990s, when the Bank of Mongolia aggressively entered the collector coin market through partnerships with European minting and marketing firms — a revenue strategy common among smaller nations with limited hard currency reserves. The actual striking was contracted out, almost certainly to a European facility, as Mongolia had no domestic capacity for fine gold coinage at that scale.

At 1.24 g of .9999 gold, this is a fractional piece sized to the 1/25 oz market.

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