Catalog
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| Issuer | Mongolian Trade and Industry Bank |
|---|---|
| Year | 1939 |
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| Shape | Rectangular |
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| Obverse lettering | 1939 ᠪᠦᠭᠦᠳᠡ ᠨᠠᠶᠢᠷᠠᠮᠳᠠᠬᠤ ᠮᠣᠩᠭᠣᠯ ᠠᠷᠠᠳ ᠤᠯᠤᠰ᠃ ᠒᠙ ᠮᠣᠩᠭᠣᠯ ᠤᠨ ᠬᠤᠳᠠᠯᠳᠤᠭᠠ ᠪᠠ ᠠᠵᠤ ᠦᠢᠯᠡᠳᠪᠦᠷᠢ ᠶᠢᠨ ᠪᠠᠩᠬᠢ᠃ 5 ᠲᠠᠪᠤᠨ ᠲᠥᠭᠥᠷᠢᠭ ᠕ (Translation: Mongolian People's Republic, 29, Five Tögrög 5, Mongolian Trade and Industry Bank) |
| Reverse description | The reverse is dominated by two symmetrically placed Buddhist eternal knot vignettes rendered in intaglio, set within ornate cartouches on a pale guilloche underprint of pink and green tones. Traditional Mongolian vertical script inscriptions occupy the central field between the knot devices, with denomination numerals placed at the corners. The overall layout reflects Soviet-era banknote printing conventions applied to traditional Mongolian decorative motifs. |
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| Comments |
The Mongolian Trade and Industry Bank — Mongol Ulsyn Худалдаа Аж Үйлдвэрийн Bank — was the sole issuing authority in the Mongolian People's Republic during this period, operating under close Soviet supervision. The 1939 series was produced by Goznak in Moscow, the same state security printing facility responsible for Soviet currency, and the technical quality of the notes reflects that relationship directly: intaglio printing, security fibres, and plate discipline consistent with Soviet production standards of the late 1930s.
Mongolia's monetary system at this time was effectively tied to Soviet planning cycles rather than domestic economic conditions — a fact the notes themselves, produced entirely abroad, quietly confirm.