100 tögrög 1955
Market Prices
14 salesAbout This Note
This PMG 65 EPQ example of the 1955 Mongolia 100 tögrög (Pick-34) is an attractive mid-grade uncirculated specimen featuring the iconic portrait of Sukhe Bataar on the obverse and the State Bank's ornamental heraldic design on the reverse. The note exhibits crisp, vibrant colors with the characteristic light blue-green field, intact security details, and clean margins throughout, representing a desirable example of early Mongolian People's Republic currency. At the PMG 65 grade level, this note bridges collector accessibility and quality preservation, with recent comparable sales demonstrating steady market appreciation.
Common. This is a standard circulation-issue banknote from a well-documented issue with substantial print quantities for its time. The eBay sales history confirms consistent market availability: PMG 65 specimens have sold in the $13.50–$76 range depending on timing and auction dynamics, with typical uncirculated examples trading for $10–$15. The PMG Population Report indicates standard grading availability. Print runs for Mongolian state bank notes of this era were substantial, and this denomination remained in circulation for extended periods. The abundance of sales data with relatively modest price points (under $100 even for professional grading) confirms common status.
Issued in 1955 by Ulsiyn Bank (the State Bank of the Mongolian People's Republic), this banknote reflects the socialist monetary framework of the early post-war Mongolian state during the formative years of the MPR under Soviet influence. The obverse portrait of Sukhe Bataar (1893–1923), the revolutionary military leader and founder of the MPR, served as a powerful symbol of Mongolian independence and socialist legitimacy, while the ornamental heraldic medallion featuring a mounted horseman on both sides connected modern communist iconography to Mongolia's historic pastoral and equestrian heritage.
The obverse features a formal portrait of Sukhe Bataar positioned within an oval frame on the right side, depicted in dark formal military attire with light-colored collar or ceremonial sash, representing the revolutionary leader's authority and legacy. The left side displays an ornate circular emblem featuring a mounted horseman (symbolizing Mongolia's pastoral traditions and military prowess) encircled by decorative borders with geometric patterns. The reverse continues the ornamental theme with two flanking circular heraldic medallions and a central cartouche containing the denomination text, all rendered in light blue, cream, and orange-brown tones. Large denomination numerals '100' occupy all four corners of both sides. The overall color scheme employs a pale blue-green field as the primary background with intricate fine-line engraving throughout, creating sophisticated security patterning consistent with 1950s socialist-bloc banknote design standards.
FRONT SIDE: '100' (Arabic numerals, all four corners); 'Бүгд Найрамдах Монгол Ард Улс' (Mongolian People's Republic); 'ҮЛСИЙН БАНК' (State Bank); 'зууун төгрөг' (one hundred tugrik); '1955' (year of issue); 'AB 022874' (serial number and prefix letters); Backing clause: 'Банкны төмдэгтүүдийн БНМАУ-льсын, Улсын Банкны үнэт металл, гадаадын валют, бараа ба бусад активаар батлагдана.' (This note is backed by the precious metals, foreign currency, goods, and other assets of the State Bank of the Mongolian People's Republic). REVERSE SIDE: '100' (Arabic numerals, all four corners); 'зууун төгрөг' (one hundred tugrik); '1955' (year); Anti-counterfeiting warning: 'Хөрөв банкны төмдөгтүүдийг хүүрамчаар үйлдвэл гэмт өтгөөдийг хүүль ёсоор хариуцлагад татна.' (Anyone who counterfeits the State Bank's notes shall be held legally responsible).
This note was produced using intaglio (steel engraving) printing, evidenced by the fine-line geometric patterns, detailed portrait rendering, and crisp ornamental designs visible in the visual analysis. The multi-color security printing with light blue, cream, black, green, and orange-brown inks was applied using sequential intaglio passes, a standard technique for state bank currency of the Soviet sphere during this period. The precise corner numerals and security features indicate production by a state-controlled security printer, likely under Soviet technical supervision given Mongolia's close relationship with the USSR in 1955.
This specific specimen bears serial prefix 'AB' with sequential number '022874', representing a standard-issue variety within the 1955 production run. The PMG Population Report indicates P-34* as a catalogued variant notation; however, no exceptional overprints, color variations, or signature differences are apparent in the visual analysis. Serial letter prefixes for this issue may reflect production batches, but without comprehensive census data for all prefix combinations, this standard AB-series example should be considered a typical variety of the 1955 regular issue. No distinguishing printing errors, rare dates, or special commemorative features are evident.
