25 years of National Currency and Yerevan-2800 collector coins are issued

25 years of National Currency and Yerevan-2800 collector coins are issued

25 years of National Currency

The national currency of the Republic of Armenia, Dram, is one of the symbols of the independent statehood.

Dram was introduced on November 22, 1993. Since that time the Central Bank of Armenia has been issued the banknotes and later on the circulation and commemorative coins, as well investment coins which are of great interest among collectors.

Starting from 1994 the Central Bank of Armenia has been issuing more than 400 gold and silver collector coins dedicated to commemorate birth anniversaries of prominent people of Armenia, as well as historical episodes and landmark events taking place nowadays. The new series of Armenian banknotes produced with the use of the best achievements of the modern security printing technologies has been dedicated to the 25th anniversary of introduction of the national currency.

Regular and consentient work to improve the quality of banknotes and coins of Armenia has been repeatedly praised at prestigious international contests.

Designed by Vardan Vardanyan.
Minted in the Lithuanian Mint.

Obverse: the coat of arms of the Republic of Armenia against the background of the notes’ security features.
Reverse: the graphical sign of Armenian dram and inscription “25 YEARS” in Armenian against the background of the notes’ security features.

Technical specification

Face Value (dram) 5000
Metal, fineness silver, 925
Weight
(g)
168.1
Diameter
(mm)
63.00
Quantity of issue
(pcs)
300
Edge even, numbered
Quality proof

Yerevan-2800

Yerevan is the 12th capital of historical Armenia.

The territory of Yerevan has been inhabited since the ancient times. In 782 BC, during the flourishing of the Urartian kingdom, King Argishti A founded the Erebuni fortress - Yerevan of our days. The evidence of that historical fact is the cuneiform record of King Argishti, “a stone passport” that confirms the age of the city.

The architectural monuments of different periods, remnants of material culture and bibliographical references testify to the ongoing existence of life in the city. Yerevan had repeatedly been subjected to attacks by foreign invaders, but had resisted and remained standing.

May 28, 1918 is the date on which the First Republic of Armenia was proclaimed, with Yerevan as the capital city of the Armenian state.

The construction of new Yerevan based on the Alexander Tamanyan’s project commenced in 1924. The city is notable for its unique architectural solutions. According to great architect, all the avenues of Yerevan are conceived to lead their view to the historical Mount Ararat.

Nowadays, Yerevan is presented to the world as one of the symbols of Armenian statehood and national identity.

Designed by Vardan Vardanyan.
Minted in the Lithuanian Mint.

Technical specification

Face Value (dram) 5000
Metal, fineness silver, 925
Weight
(g)
168.1
Diameter
(mm)
63.00
Quantity of issue
(pcs)
700
Edge ribbed
Quality proof

Obverse: the symbolic images of the city of Yerevan – the coat of the arms, the city plan and a relief ornament in the form of the tree of life at the building of Yerevan Municipality.
Reverse: a fragment from A. Harutiunyan’s monumental sculpture “King Argishti and the city founders” at the building of “Erebuni” Historical and Archeological Museum-Reserve.

Notice

Collector coins are made of precious metals and are issued to present to the society the national, international, historical and cultural, spiritual and other values of the country, to immortalize these values in the metal and to meet the demands of the numismatic market.

Like any other currency the collector coins have face value which makes them the means of payment. However, the face value of these coins is much lower that their cost price which includes the cost of the precious metal used for manufacturing of the coin, mintage and other expenses. Low face value and high cost price allow these coins to be considered as the items of collection and not the means of payment used in money circulation. The collector coins have also the sale price set by the Central Bank of Armenia.

As the items of collection the collector coins are issued in very restricted quantities and are not reissued.

Numismatists, collectors and all interested persons can buy the Armenian collector coins in the sales salon “Numismatist” which is in the building of the Central Bank of Armenia and is open for everyone.