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Total commemorative banknotes issued is under 1,500 pieces. If you have achieved any figures close to this, then you are doing extremely well, as many of the older commemorative notes are hard to find even in poor conditions.

Opinion: Many collectors of commemorative banknotes would have come across with those Somaliland sets overprinted with gold and silver texts with the following wordings - 5th Anniversary of Independence 18 May 1996 [Sanad Gurade 5ee Gobanimadda 18 May 1996]. I believe these are "home made" (or fake) and not authorised by the central bank. My argument is simple. No central bank would have issued an overprint commemorative banknote that the texts are so large that it would cover the two signatures on the note as well as part of the serial numbers. Even if these are genuine notes, then these could be issued as souvenir sheets and not as legal tender. As I said before, this is my opinion. If you have paid top dollars for these, please think about my argument. There is always a sucker around the corner, including me of course!

All comments are most welcome but it has to be subjects related to banknotes or banknotes collection. If not, it will not be approved. Thanks

13 May 2022

..Mongolia - 10000 Togrog (Tugrik) 2021 100th Year of Mongolian Revolution

  Monggol ulus.svg 
(Bank of Mongolia)
Currency - Togrog (MNT)

A commemorative note of 10000 togrog released on the 09.07.2021, celebrating the country's 100th Year of Mongolian Revolution 1921-2021.
The Mongolian Revolution first stared in 1911, following the fall of the Chinese Qing dynasty led by the XinHai Revolution. To the Mongolians, this is not considered to be independent, but rather the beginning of the independence process from China. Following Mongolia breaks away from China rule, the country was governed by Bogd Khaan (b.1869-1924). He when on and ruled Mongolia from 2011 to 1924. However, China, which is now a republic, did all they could to reoccupy Mongolia but without success as the Russian refused to accept that, nor the Russian recognised the independent of Mongolia. In 1915, it was agreed that Mongolia became an autonomy region of China and in return, China will not send its troops into Mongolia. Whilst this was agreed by both parties, neither were happy with such arrangement. This agreement only lasted for six years, and in 2021, with the assistance with the Russian Red Army, the Mongolians successfully expelled foreign troops (mainly the Russian White Guards), thus started the Mongolian revolution in 2021, and let to full independence in 1924. Despite gaining independence, the country immediately become a satellite state of the Russian and this went on until the third Mongolian revolution in January 1990.
Interesting to note that Bogd Khaan was born as a Tibetan. His father was an accountant at the 12th Dalai Lama's court. Bogd Khaan lost his power when the Chinese occupied the country in 1919. He was then allowed to continue to rule the country but with limited power. He died on 20.05.2024, about 6 months before the country achieved its independence, on 26.11.1924.

Mongolia is a vase country with land size of 1,566,000 km2 and yet only have a small population of 3.353 million people. Even the tiny nation of Singapore, which only have a land size of 728 km2 (and is  forever growing), have a population in excess of 5.68 million people.
I understand that this is the second commemorative banknote ever issued by the Bank of Mongolia.
Ten Thousand Togrog
Chinggis Khaan (Genghis Khan b.1162-1227)
The design of this commemorative note is very much the same as the current 5000 and 10000 togrog. On the front, it depicts the Mongolian leader, Chinggis Khaan (Genghis Khan b.1162-1227). On the right, it has the commemorative logo of 100 and underneath is a warrior riding on a horse back and underneath its printed with the Mongolian words;
Ардын Xувьсгал
1921 ☆ 2021
 (People's Revolution)
On the back, it features the image of people gathering around a water fountain in a court yard. On the left of the usual watermark area, it has the overprint of the image of Damdin Sukhbaatar. Sukhbaatar, who was one of the founding members of the Mongolian People's Party and is considered to be the "Father of the Mongolian Revolution". He was born in 1893 and died in 1923. The official death was due to exhaustion, but some argued that he was poisoned whilst others believed it was from pneumonia. He was only 30 years and 18 days old when he died. Next to his portrait is a quote from his remarks in Mongolian script. This note is also printed a year date of 2021 on the back. 

Governor - Badran Lkhagvasuren (since 2019)
Dimensions - 150mm x 71.5mm

Damdin Sukhbaatar. Sukhbaatar (b.1893-1923). water fountain in a court yard
If you are confused what I have written above, don't worry as I am just as confused myself too. Ignore what I have written and let's enjoy this beautiful commemorative banknote.

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