Mongolia’s Central Bank issued a silver coin on Wednesday to commemorate the 800th anniversary of the establishment of Karakorum, the country’s ancient capital.

The commemorative coin, which is 50 millimeters in diameter, contains 2 ounces (56.7 grams) of 999 sterling silver, the Bank of Mongolia said in a statement.

The 5,000-tugrik (1.75 U.S. dollars) coin is available at the Treasury Fund of the Central Bank at a cost of 600,000 tugriks (210 U.S. dollars) per piece.

The ruins of Karakorum lie in the northwestern corner of Uvurkhangai Province of Mongolia, near today’s town of Kharkhorin and adjacent to the Erdene Zuu Monastery, a surviving Buddhist monastery. Famously described in his travels by Marco Polo, the new capital was established by Kublai Khaan, the grandson of Chinngis Khaan.

They are part of the upper part of Orkhon Valley, a world heritage site of the United Nations Educational, Scientific and Cultural Organisation.