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5 Tögrög

Issuer Mongolian Trade and Industrial Bank
Year 1925
Type Standard circulation banknote
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Reverse description The reverse centres on a large scallop-bordered guilloche panel rendered entirely in red, within which a stylised numeral 5 is formed by concentric wave-line engraving. Traditional Mongolian script text appears in vertical columns to the left and right of the central panel. The date 1925 is printed in red numerals along the lower margin.
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Protection type Watermark
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Comments

The 1925 Mongolian tögrög series, of which this is part, was issued in the immediate aftermath of Mongolia's monetary reform — the tögrög replaced the Chinese-style lan and the various foreign currencies circulating in the country, including Russian roubles and Chinese dollars. The Mongolian Trade and Industrial Bank (Mongoltorgbank) was itself a Soviet-Mongolian joint institution, which explains why the entire series went straight to Goznak in Moscow rather than any other printer.

Goznak had been producing Soviet state currency since the early 1920s and brought that same intaglio infrastructure to this commission. The watermark is the only security feature — modest by contemporary European standards, but sufficient for a population where banknote literacy was still nascent.

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