Description

The 50 Tugrik / Tögrög silver coin from Mongolia, issued in 1976, commemorates the conservation of indigenous endangered wildlife.

Tugrik or Tögrög linguistically is linked to circles and a full moon, and therefore Mongolian coins were named as such.

Bactrian Camel in Shanghai Zoo, source ;

Mongolia lies between Russia and China and is notorious for the history of the Mongol Empire under most notably Genghis Khan, which boundaries stretched from China all the way to Europe.

The Mongol Empire in the 13th century is said to have been the biggest Empire in our current history, or maybe it’s confused with a possible lost Tartarian Empire.

Genghis Khan, source ;

Mongol Expansion 13th century :

Significant conquests and movements of Genghis Khan and his generals, source ;

Genghis Khan was born in the year of 1162 and would become one of the most notorious conquerors in world history. A well know incident was when the governor of the city of Otrar, Inalchuq, attacked a trade caravan in which the Mongolians invested a lot of money.

After that Genghis Khan sent three ambassadors, one muslim and two Mongols, and Inalchuq replied to this by executing the Muslim ambassador and disgracing the two Mongol Ambassadors.

Great Tartary

Genghis Khan had no definitive intentions of attacking the Khwarazmian Empire, but the actions of the governor of Otrar enraged the Khan so much that he immediately started preparing for a punitive expedition.

When the Mongols took the city of Otrar, many of the citizens were either enslaved or killed, and governor Inalchuq who was responsible for the attack on the trade caravan and the execution of an official ambassador, was exectured by pouring molten silver in his ears and eyes as punishment for his actions which offended the Khan.

Archeological site of Otrar during a sandstorm, source ;

Mongol Empire – 1227, source ;

When people think of Mongolia they’ll usually think about nomads living in their yurt tents, drinking horse milk, wrestling and practicing their archery skills.

All though there all still many nomads living on rural pastures, over half of the population lives in the cities, where over 42% of the population lives in the capital Ulaanbataar alone.

A Mongolian Ger / Yurt, source ;

Panoramic view of Ulaanbataar, source ;

This figure will increase with more and more people leaving the country side and hoping to earn some money in the large cities, thereby giving up Mongolian traditions like horse racing.

The 50 Tugrik shown in this video has a weight of 35 grams / 1.1253 ozt with a Fine Silver percentage of 0.925. That gives us an actual silver content of 32.375 grams / 1.0409 ozt, and is thus in terms of silver comparable to a generic silver 1 oz bullion coin.

With today’s spot price the melt value is around the $25 – $26 (25 October 2020). The value of this coin lies in the range of the $30 – $45 depending on condition and seller, since I’ve also seen them being offered for $60 on Ebay for example.

Another fascinating part of Mongolian history are the Tarim mummies. These mummies are from the Indo European branch, but most intruigingly is that they have Caucasian features.

In the area towards Afghistan and such today still blond, blue eyed people can be found, but it’s super interesting that in ancient times these people had a thriving culture in Mongolia.

Tarin mummie ;

Mongolia has its own gold and silver deposits which are extracted for example at the Oyu Tolgoi Gold / Copper mine, with as by products silver and molybdenum.

The expected annual copper production is 430.000 tons, and 12 kg of gold is judged to be mine annually out of the pit.

Oyu Tolgoi project – Copper and Gold Mine in South Gobi, source ;

Location of Oyu Tolgoi – Gold / Copper / Silver mine

On the obverse of the coin we have the Coat of Arms depicting the famed Mongolian Rider, with in text saying : The Mongolian People’s Republic.

The reverse shows a Bactrian camel, and the reason for this isn’t only being a dessert animal, and therefor attributed to convoys and herds in the Mongolian area.

But also because of a global World Nature Fund campaign, which was carried out in the 70’s in respect to conservation of indigenous animals of one’s country. You may have seen my video about the Indonesian 2000 Rupiah coin from 1974, which has the officially extinct declared Javan tiger on it.

Today there are an estimated 1000 Wild Bactrian Camels left in the southwest region of Mongolia, and the northwest of China. Therefor making it a critically endangered species which should be protected and conserved at all costs.

A divide is recognized between the Bactrian Camel (Camelus Bactrianus) and the Wild Bactrian Camel (Camelus Ferus), and through genetic studies it’s concluded that the two branches of Bactrian camels diverged about 1.1 million years ago.

One of the amazing differences between the Bactrian and Wild Bactrian camel is that the latter can drink water that’s saltier than seawater, something no other mammal in the world can endure.

Wild Bactrian camel on the road between Yarkand and Khotan, source ;

One of the amazing differences between the Bactrian and Wild Bactrian camel is that the latter can drink water that’s saltier than seawater, something no other mammal in the world can endure.

This 50 Tugrik from 1976 comes in a regular and proof version, the coin in the video concerns the regular variant, which has a minted quantity of 5.328 pieces.