'Bullion Coins of Mongolia’ catalogue published

Society
anudari@montsame.gov.mn
2021-12-24 15:59:52

Ulaanbaatar /MONTSAME/ The Treasury Department of the Bank of Mongolia (BoM) in collaboration with numismatist Ch,Enkhbat released the ‘Bullion Coins of Mongolia’ catalogue in celebration of the 50th anniversary of the first bullion coin of Mongolia.


The catalogue contains information about every bullion coin created in Mongolia in the last half a century. In the book, most of the coins are shown in their actual size, some small coins – two times larger than their actual size and a few other coins – smaller than their actual size and coins that have received international awards are highlighted.


Since Mongolia first issued a bullion coin in 1971 to mark the 50th anniversary of the People’s Revolution, a total of 634 coins have been released by the Bank of Mongolia.




“Bullion coins differ from other coins by the images and special texts they feature on the obverse side and the face value and the logo of the Bank of Mongolia on the reverse side. They are items that represent the independence of the banking sector and promote the country,” emphasized BoM Governor B.Lkhagvasuren.


The central bank has issued a variety of bullion coins of non-ferrous metals such as gold, platinum, silver, nickel and copper to commemorate major anniversaries, cultural heritage, sports achievements, historical figures, and other special events and occasions.


The Gulo Gulo Wolverine coin issued in 2007 to promote wildlife protection received the 26th ‘Coin of the Year 2009’ award (Berlin, Germany). It portrays a gulo gulo, a wolverine-like creature depicted with Swarovski crystals for eyes. Also, the Ural Owl coin issued in 2011 was awarded the ‘Most Popular Coin’ award (Berlin, Germany).




This year, a currency exhibition hall was established at the BoM Treasury Department on the Bank Workers’ Day. The Currency Hall houses rare and historically significant items including ancient coins and other mediums of exchange that were in use in Mongolia in the past, and bullion coins and other commemorative items.

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