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Banknote Billet Mongolia 50 1955

Ref. : NCB14176
Product type
Banknote
Date/Year
1955
Catalogue
WPM (P. 33)
Country
Mongolia
Quality
UNC
Face value
50
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Description

The 50 Tögrög banknote issued in 1955 belongs to a pivotal period in the monetary history of Mongolia, then the Mongolian People's Republic under Soviet influence. This issue is part of the monetary reform that marked the country in the mid-20th century, during which the Mongolian State Bank oversaw the production and distribution of national banknotes.

This banknote is referenced under series AB, a designation that allows for the precise identification of its issue batch within the production of that year. The series is an essential element for collectors and specialists, as it helps establish the relative rarity of a given specimen within the same annual issue.

The tögrög, Mongolia's official monetary unit, is represented here in its 50-unit denomination, which made it an important face value in the monetary hierarchy of the time. Mongolian banknotes from this period are generally characterized by iconography reflecting the ideals of the People's Republic, with typical representations of Mongolian nomadic life, political figures or national symbols, in a graphic style influenced by the Soviet aesthetic standards of the era.

The 1955 issue is today considered a historical document in its own right, bearing witness to both the economic and political organization of Mongolia during the Cold War. The banknotes of this series, depending on their condition, are of particular interest to specialists in Asian numismatics and the monetary history of socialist bloc countries. The banknote has a weight of 1 gram, a physical characteristic inherent to the paper medium used in its manufacture.

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