Coin | Silver Ounce 2020 Wild Mongolia - Majestic Eagle |
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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.
The Majestic Eagle is the first design in the Wild Mongolia collection by CIT.
The mint says about it: The cornerstone of CIT’s philosophy is to always be the industry leader in innovative products. We have been recognised for that with international coin awards for decades now. For this reason, we are incredibly proud to release a stunning piece that breaks many barriers on what was previously considered impossible.
Introducing the Majestic Eagle, featuring brand new, never before seen enhanced smartminting© technology! This piece pushes the boundaries of what is possible as now BOTH sides feature incredibly high relief in PROOF finish! High relief that has been pushed to levels 100% higher than what was previously possible! Check out the contrast between the relief of the Eagle’s claws and the incuse depths its marks leave in the surface of the fields! The claw literally looks like it is ripping through the metal and coming right out at you! Also notice how the high relief of the Eagle’s head extends to the edges of the coin instead of just the center.
CIT is also proud to announce that this new technology will be deployed on not only silver coins, but gold and copper as well! The Eagle has always symbolized strength, leadership, and vision. We believe that it is the perfect symbol to be used on this release that sets the bar for everyone else to chase! |
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Obverse | |
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. There is a variation from the official logo: the name of the Central Bank of Mongolia is written below the figure as MongolBank in Latin script, and not as МонголБанк in Cyrillic which is the official script of the Mongolian language and the way the name is normally written on the logo.
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: 500 TӨГРӨГ (five hundred Tögrög, alternatively spelled Tugrik).
Around below, the name of the issuing country and the metal content: MONGOLIA 1 oz .999 SILVER (one troy ounce of 99.9% silver).
The circle containing the logo and inscriptions is small and is in the upper half of the obverse. The rest of the design depicts eagle's claws holding an arrow, on a background of Mongolian-style geometric decorations; there's an effect of the claws having torn through the surface. The date of issue 2020 is hidden in the ornaments below left. |
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Reverse | |
The reverse design depicts two close-up images of an eagle's head: in the foreground on the right, the eagle faces left; in the background, an eagle facing the viewer.
There is no inscription. |
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Reverse Inscription |
(none) |
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Edge | Milled | Edge Inscription | None |
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Notes | Finish: proof, smartminting (Ultra High Relief). CIT Item ID: 29219. |
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See also |
Coins in the Wild Mongolia series include: - 1 oz Gold, Majestic Eagle, 2020 - 1/10 oz Gold, Majestic Eagle, 2020 - 1 kg Silver, Majestic Eagle, 2021 - 3 oz Silver, Majestic Eagle, 2020 - 2 oz Silver, Majestic Eagle, 2020 - 1 oz Silver, Majestic Eagle, 2020 - 50 g Copper, Majestic Eagle, 2020 - 1 oz Platinum, Mystic Wolf, 2021 - 1 oz Gold, Mystic Wolf, 2021 - 1/10 oz Gold, Mystic Wolf, 2021 - 3 oz Silver, Mystic Wolf, 2021 - 2 oz Silver, Mystic Wolf, 2021 - 1 oz Silver, Mystic Wolf, 2021 - 50 g Copper, Mystic Wolf, 2021 - 1 oz Platinum, Magnificent Argali, 2022 - 1 oz Gold, Magnificent Argali, 2022 - 1/10 oz Gold, Magnificent Argali, 2022 - 3 oz Silver, Magnificent Argali, 2022 - 2 oz Silver, Magnificent Argali, 2022 - 1 oz Silver, Magnificent Argali, 2022 - 50 g Copper, Magnificent Argali, 2022 - 1 oz Platinum, Mongolian Falcon, 2023 - 1 oz Gold, Mongolian Falcon, 2023 - 1/10 oz Gold, Mongolian Falcon, 2023 - 3 oz Silver, Mongolian Falcon, 2023 - 2 oz Silver, Mongolian Falcon, 2023 - 1 oz Silver, Mongolian Falcon, 2023 - 50 g Copper, Mongolian Falcon, 2023
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