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1 Apsar Lake Ritsa

Issuer Bank of Abkhazia
Year 2022
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Currency Apsar
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Obverse script Cyrillic
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Reverse lettering 1 ҦСАРК Риҵа
(Translation: 1 Apsar Lake Ritsa)
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Additional information

Abkhazia's bimetallic plastic-centred issues occupy a peculiar corner of numismatics — the territory's independence is recognized by only a handful of states, meaning the Bank of Abkhazia operates outside mainstream international monetary frameworks entirely. These coins circulate, if at all, within a micro-economy heavily subsidized by Russia. Lake Ritsa sits in the western Caucasus at roughly 950 meters elevation, reached by a road famously built under Stalin's personal directive in the 1930s, partly to service a nearby dacha he used intermittently.

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