1 tögrög 1955

Common. This note trades frequently on secondary markets with consistent availability. Historical eBay sales data spanning 2012-2024 show regular transactions, with ungraded uncirculated examples selling for approximately $0.99-$3.25 and PMG-graded examples (63-67) ranging from $7.50-$26.00. The 2016 catalog value of $4 UNC confirms collector accessibility. PMG population data indicates professional grading has been applied to this Pick number, but the frequency of market appearances and affordable pricing demonstrate widespread circulation in the collector community. Print runs for this 1955 issue were substantial relative to Mongolia's population, ensuring common availability today.

Issued in 1955 by Ulsiyn Bank (State Bank) during Mongolia's early socialist period under Soviet influence, this note reflects the Mongolian People's Republic's commitment to centralized banking and state authority. The circular seal containing architectural or landscape imagery on the left side represents socialist achievements and national pride, while the formal portrait on the right embodies the personification of state power typical of communist-era currency design. The note's Cyrillic text and emphasis on state guarantees backed by precious metals and foreign reserves underscore Mongolia's alignment with Soviet economic principles.

The obverse features a formal portrait of Sukhe-Bataar (Sukhbaatar), the revered Mongolian revolutionary military leader, positioned in an oval frame with decorative scalloped borders on the right side of the note. On the left is an elaborate circular state emblem or seal with concentric geometric patterns and nested designs, containing what appears to be an architectural or landscape representation symbolizing national achievement. The reverse side employs a symmetrical design with two large matching circular medallions featuring intricate geometric patterns and fine-line engraving, framing central text declaring the denomination and legal warnings. The color palette of peach, cream, brown, green, and red creates strong visual hierarchy and aesthetic appeal. All four corners display large denomination numerals '1', reinforcing the note's value denomination.

FRONT SIDE: 'Буул Найрамдах Монгол Ард Улс' (Mongolian People's Republic); 'УЛСЫН БАНК' (State Bank); 'Банкны төмдэгтүүл нь БНМАУлсын, Улсын Банкны үнэт металл гадаадын валют баара ба бусад активаар батлагдана' (The Bank's capital is guaranteed by the precious metals, foreign currency reserves and other assets of the State Bank of the Mongolian People's Republic); '1955' (year of issue); Serial number '670076 AB'; Denomination '1' (in all four corners). BACK SIDE: 'НЭГ ТӨГРӨГ' (One Tugrik, appears twice); '1955' (year); 'Хөрөө банкны төмдэгтүүдийг хуурамчаар үйлдвэл гэмт отгоэдийг хууль ёсоор хариуцлагад татна' (Counterfeiting of bank notes is punishable by law); Denomination '1' (in all four corners).

This note was produced using traditional intaglio (engraved) printing methods, evident from the exceptionally sharp detail visible in the circular medallions, geometric security patterns, and fine-line work throughout the design. The complex nested geometric patterns in the seals and borders required sophisticated engraving plates characteristic of high-security banknote production. The color separation and layered appearance of the ornamental elements suggest multi-pass printing, typical of Czechoslovak State Printing Works (CSPM) or similar Eastern Bloc security printers who produced Mongolian currency during this period. The precision and clarity of detail visible even at microscopic level confirm professional security printing standards.

The observed specimen exhibits serial number '670076 AB' with red printing. The collector note indicates this is a 'radar' serial number, suggesting the digits form a palindromic or repeating pattern when read in sequence (though the specific formatting '670076' with letters 'AB' should be verified as a true radar). This would constitute a notable variety from a numismatic perspective. Standard Pick-28 was issued with black and brown printing on pale brown-orange background with multicolor underprint. No overprints, signatures, or date variations have been identified in this specific example. PMG cataloging shows Pick-28* as the primary variant designation for this denomination and year.