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25 Dollars 6% Obligation

Issuer Mongolian Government Treasury
Year 1921
Type Standard circulation banknote
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Obverse lettering ᠮᠣᠩᠭᠣᠯ ᠤᠯᠤᠰ ᠤᠨ ᠰᠠᠩ ᠠᠴᠠ ᠣᠯᠠᠨ᠎ᠠ ᠡᠷᠭᠦᠭᠳᠡᠭᠰᠡᠨ ᠦ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷ ᠣᠨ ᠠᠷᠪᠠᠨ ᠰᠠᠷ᠎ᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠬᠦᠷᠲᠡᠯ᠎ᠡ ᠬᠡᠮᠡᠬᠦ ᠬᠤᠭᠤᠴᠠᠭ᠎ᠠ ᠪᠠᠷ ᠭᠠᠷᠭᠠᠭᠰᠠᠨ ᠪᠦᠭᠦᠳᠡ ᠨᠢᠭᠡᠨ ᠵᠠᠭᠤᠨ ᠬᠤᠪᠢ ᠠᠴᠠ ᠵᠢᠷᠭᠤᠭᠠᠨ ᠬᠤᠪ ᠤᠨ ᠬᠡᠦ ᠦᠷᠡᠵᠢᠭᠦᠯᠵᠦ ᠪᠦᠬᠦᠢ ᠪᠠᠭ᠎ᠠ ᠪᠣᠯᠵᠣᠭᠠᠲᠤ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ᠃ ᠡᠨᠡᠬᠦ ᠪᠠᠲᠤᠯᠠᠭᠠᠨ ᠤ ᠲᠡᠮᠳᠡᠭ ᠢ ᠲᠤᠰᠢᠶᠠᠭᠰᠠᠨ ᠬᠦᠨᠳᠦ ᠤᠭ ᠲᠣᠭᠲᠠᠭᠰᠠᠨ ᠪᠣᠯᠵᠣᠭ᠎ᠠ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠠᠴᠠ ᠠᠷᠪᠠᠨ ᠶᠠᠩᠴᠢᠶᠠᠨ ᠤ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠵᠦᠢᠯ ᠢ ᠭᠦᠢᠴᠡᠳᠭᠡᠨ ᠲᠥᠯᠮᠣᠢ᠃ ᠡᠭᠦᠨ ᠦ ᠲᠤᠯᠠ ᠭᠠᠷ ᠤᠨ ᠵᠢᠷᠤᠭ ᠲᠠᠯᠪᠢᠭᠰᠠᠨ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠲᠡᠷᠢᠭᠦᠨ ᠰᠠᠶᠢᠳ᠃ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠵᠦᠪᠳᠡᠬᠦ ᠲᠦᠰᠢᠮᠡᠯ᠃ ᠨᠡᠶᠢᠰᠯᠡᠯ ᠬᠦᠷᠢᠶ᠎ᠡ᠃ ᠣᠯᠠᠨ᠎ᠠ ᠡᠷᠭᠦᠭᠳᠡᠭᠰᠡᠨ ᠦ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷ ᠣᠨ᠂ ᠳᠥᠷᠪᠡᠨ ᠰᠠᠷ᠎ᠠ ᠶᠢᠨ ᠬᠣᠷᠢᠨ ᠅ MONGOLIAN GOVERNMENT'S TREASURE. 6 % PROVISIONARY OBLIGATION. 25 DOLLARS 6 % КРАТКОСРОЧНОЕ ОБЯЗАТЕЛЬСТВО МОНГОЛЬСКИЙ ГОСУДАРСТВЕННОЙ КАЗНЫ 25 ДОЛЛАРОВЪ
Reverse description Central vignette of a white domestic ox standing in profile to the left, set within a blue semicircular underprint evoking a pastoral landscape. The field surrounding the vignette is filled with dense vertical columns of traditional Mongolian script forming the bulk of the note's text. At the lower margin, a rectangular panel carries the bilingual payability clause in English and Russian; the decorative border mirrors the obverse, with interlaced geometric corner ornaments and yin-yang medallions.
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Mongolia's 1921 treasury obligations were issued in the immediate aftermath of the February revolution that expelled Chinese Beiyang forces and established the Mongolian People's Government. The denomination in dollars — rather than any Chinese or Russian unit — reflects the practical reality of that moment: the new government had no currency infrastructure of its own and was operating in a region where multiple foreign currencies competed for acceptance.

The 6% obligation designation marks this as an interest-bearing instrument, functioning closer to a war bond than a banknote. P#A2 is among the rarest entries in Mongolian paper money; very few examples are documented in major collections.

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