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 standard bullion sizes, including the internationally popular one ounce of silver format.
This coin is part of the Revolutionaries collection, and is dedicated to Chinggis Khaan (more commonly spelled as Genghis Khan).
The Mint says about it: The latest coins in honour of Chinggis Khaan, who led the Mongolians to a united empire from 1206 to 1227, combine classic design with state-of-the-art technology. The 2016 edition of the silver coin is a new release of the collector’s piece which was introduced in 2014. The partially coloured relief was a numismatic highlight back then. The new issue is a technical masterpiece because smartminting has enabled a relief which is twice as high as the previous coin. |