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Auction: 327 - World Banknotes at NY INC, Waldorf Astoria
Lot: 272

Mongolia, Commercial and Industrial Bank, promissory note/exchange bill for 10,000 tugruk, c.1925, large format with note at left, details of sender at right, orange, brown, yellow and blue, red star top centre, ger at centre, surrounded by people, goats and horses, 25 tugruk tax/cost to send at low left and right
these notes were originally intended to be used to send the exact amount stated, but this was found to be impractical, hence, this note actually for 30000 tugruk, multiple annotations and handstamp. Paper damaged at right due to damp but no impingement of design or text. Good very fine and extremely rare


Estimate
$700 to $900