MONGOLIA. Commercial & Industrial Bank. 10 Tugrik, 1925. P-10. PMG Very Fine 20.
Knot Pattern Watermark. An evenly circulated example of the first series of the Commercial & Industrial Bank of Mongolia. A rather underrated issue with the majority examples in heavily circulated grades. Only 11 examples graded by PMG with this note being tied with 2 other examples in VF 20 and 4 other notes graded higher, 3 in VF 30 and 1 in CVF 35.

Estimate: $400.00- $800.00