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5 Tögrög

Issuer Mongolbank (Bank of Mongolia)
Year 1993
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Size 120 × 59 mm
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Obverse description Central vignette bears a portrait of Damdiny Sükhbaatar (1893–1923), founding member of the Mongolian People's Party and commander of the revolutionary partisan army, set against a guilloche underprint. To the left, a Paiza (Gerege), the traditional Mongol tablet of authority conferring the right to demand goods and services, is rendered in intaglio. The national Coat of Arms of Mongolia appears alongside the portrait, with denomination numerals and bank inscriptions in both traditional Mongolian script and Cyrillic flanking the design.
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Reverse lettering МОНГОЛ УЛС МОНГОЛБАНК 5 ТӨГРӨГ
(Translation: Mongolia, Bank of Mongolia, 5 Tögrög)
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Mongolia's 1993 note series, of which this 5 Tögrög is a part, was issued during the sharp economic contraction that followed the collapse of Soviet subsidies — by 1992, GDP had fallen roughly 20% and inflation had exceeded 300%. The central bank needed a workable low-denomination note quickly, and Thomas De La Rue provided the printing capacity that Mongolia's own facilities could not.

The watermark is the sole security feature, modest even by early-1990s standards. P#53 is common in circulated grades; uncirculated examples are less so, as the denomination saw heavy everyday use before inflation eroded its purchasing value to near nothing.

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