The next 13th January Spink China will present nearly 70 lots of antique bond and share certificates from China and Hong Kong. One of the certificates offered is an early bond from Mongolia.
Earlier, Spink sold a bond from Inner Mongolia, see there. This time a bond from the state of Mongolia will be offered (lot 3341 in the auction, image shown above). In 1924 the Mongolian People's Republic was established with a communist regime. The country suffered from collectivization, economic downturn, unrest, uprisings and during the 1930s from repression and genocide by Stalin. This government bond was issued for 25 Tugrik in 1932. The tugrik (tögrög) was introduced in 1925 at a value equal to one Soviet ruble (18 grams of silver).
Spink China - Jan 2017 auction
Banknotes, bonds & shares and coins of China and Hong Kong
The two days lasting sale features more than 2,000 lots of
coins, medals, tokens, banknotes and the like.
- Session 1 : Jan 13, 2017
- Session 2 : Jan 14, 2017
- Location : Spink, Hong Kong
- Further info : see here