Society of the Mongol Empire bill punishable by death. To avoid devaluation, the penalty for forging or counterfeiting was also death. Members of the Golden Kin (or Golden Family - "Altan urag") were entitled to a share (khubi - хувь) of the benefits of each part of the Mongol Empire just as each Mongol noble and their family, as well as each warrior, was entitled to an appropriate measure of all the goods seized in war. In 1206, Genghis Khan gave large lands with people as share to his family and loyal companions, of whom most were people of common origin. Shares of booty were
Society of the Mongol Empire when the Song dynasty started replacing their copper coinage with paper currency. When the Mongols invaded Song China they started issuing their own Mongolian bills in 1227. This first attempt by the Mongols did not last long because the notes issued expired after several years and were inconsistent throughout the parts of the Mongol Empire that issued them. In 1260, Kublai Khan created the Yuan Mongol's first unified paper currency with notes that did not have any expiration date. To validate the currency, it was made fully exchangeable to silver and gold and was accepted as tax payments. Currency distribution