The currency of Mongolia since 1925 has been the tögrög, which currently circulates mostly as banknotes due to the low value of earlier coins and the reluctance of the government to issue large denomination coins; however, the government has authorises many non-circulating legal tender (NCLT) coins to be issued for collector's purposes.
Collector coins are dedicated to historical or general popular culture themes and are often not related to the country itself. Many of them are in internationally popular sizes, including the one troy ounce (1oz) of gold format.
This coin commemorates Chinggis Khan (more commonly spelled as Genghis Khan; born Temüjin c. 1162 - 1227), the founder and first Great Khan (Emperor) of the Mongol Empire, which became the largest contiguous empire in history after his death. He came to power by uniting many of the nomadic tribes of the Mongol steppe and being proclaimed the universal ruler of the Mongols, or Genghis Khan. With the tribes of Northeast Asia largely under his control, he set in motion the Mongol invasions, which ultimately witnessed the conquest of much of Eurasia, and incursions by Mongol raiding parties as far west western Poland and as far south as Gaza. He launched campaigns against the Qara Khitai, Khwarezmia, the Western Xia and Jin dynasty during his life, and his generals raided into medieval Georgia, Circassia, the Kievan Rus', and Volga Bulgaria.
The obverse of the coin depicts the logo of Mongolbank (the Bank of Mongolia), which is formed as a round coin on a lotus bouquet associated with purity, delicacy and stability. Three fire flames and a blooming flower are located inside the coin. The figure symbolises eternal development and youth and the three flames represent the main national treasures. At the nominal value location the Soyombo symbol is positioned, representative of the Mongol ethnicity. The name of the Central Bank of Mongolia is written below the figure: МонголБанк in Cyrillic, which is the official script of the Mongolian language.
On the two sides of the logo, vertically, the inscription Mongol Uls in the traditional Mongolian script.
Below the logo, on two lines the face value: 10000 TOGROG (ten thousand Tögrög, alternatively spelled Tugrik).
In small letters around below left, the metal content: 1 OZ 999.9 GOLD (one troy ounce of 99.99% gold).
Around above, the name of the issuing country in Latin script: MONGOLIA; around below, the date of issue 2002.
The reverse design depicts a portrait of the famous Mongol leader Genghis Khan, facing three-quarters right.
Around below, the inscription CHINGGIS KHAAN; on the right, vertically, an inscription in traditional Mongolian script.
On the left and right, the dates of the ruler's life, 1162 and 1227.