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| Issuer | Mongolian People's Government |
|---|---|
| Year | 1924 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | ᠪᠤᠰᠤᠳ ᠬᠦᠮᠦᠨ ᠳᠠᠭᠤᠷᠢᠶᠠᠨ ᠦᠢᠯᠡᠳᠪᠡᠰᠦ ᠬᠠᠤᠯᠢ ᠶᠣᠰᠣᠭᠠᠷ ᠢᠯᠠᠯᠤᠮᠤᠢ THREE DOLLARS (Translation: Anyone who counterfeits will be prosecuted by law) |
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| Reverse lettering | 3 DOLLARS ᠮᠣᠩᠭᠣᠯ ᠤᠯᠤᠰ ᠤᠨ ᠬᠦ ᠶᠢᠨ ᠮᠥᠩᠭᠥᠨ ᠦ ᠲᠡᠮᠳᠡᠭᠲᠦ ᠴᠠᠭᠠᠰᠤ᠂ ᠓ ᠲᠥᠭᠥᠷᠢᠭ᠂ ᠗ ᠨᠢᠭᠡᠪᠦᠷᠢ ᠴᠢᠨ᠂ ᠮᠣᠩᠭᠣᠯ ᠤᠨ ᠠᠷᠪᠠᠨ ᠨᠢᠭᠡᠳᠦᠭᠡᠷᠣᠨ ᠳᠤ ᠬᠡᠪᠯᠡᠨ ᠭᠠᠷᠭᠠᠪᠠᠢ᠂ ᠤᠯᠤᠰ ᠤᠨ ᠬᠦ ᠶᠢᠨ ᠪᠡᠯᠡᠨ ᠮᠥᠩᠭᠥ ᠪᠡᠷ ᠪᠠᠲᠤᠯᠠᠪᠠᠢ᠂ ᠰᠠᠩ ᠤᠨ ᠶᠠᠮᠤᠨ ᠤ ᠲᠡᠷᠢᠭᠦᠨ ᠰᠠᠶᠢᠳ ᠳᠠᠨᠽᠠᠨ᠂ ᠬᠦᠦ ᠶᠢᠨ ᠨᠢᠷᠪᠠ ᠳᠠᠪᠠᠭᠠ᠂ (Translation: Mongolian State Treasury Paper Banknote, 3 Tögrög, each 7 mace, Printed in the 11th year of Mongolia, Guaranteed by State Treasury cash, Minister of Finance Dangzan, Treasury Keeper Davaa.) |
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| Comments |
The Mongolian People's Government established its first national bank, the Mongolian Trade and Industrial Bank (Mongol bank), in 1924 — the same year this note was issued. The currency was denominated in dollars rather than any Mongolian unit, a pragmatic decision reflecting the dominance of Chinese silver dollars in regional trade at the time. A distinct Mongolian monetary identity came later.
The "R" suffix in the Pick reference denotes a remainder — unissued stock, never formally released into circulation. Remainders from this series survive in far better condition than circulated examples, which are exceptionally rare.