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1 Dram Wolf

Issuer Artsakh (Azerbaijan)
Year 2013
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Technique Milled
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Obverse description Central device depicts the National Coat of Arms of the Nagorno-Karabakh Republic, featuring a stylised eagle with wings displayed, bearing a shield on its breast, set against radiating sunburst lines filling the field. A mural crown surmounts the eagle's head. The circular legend at top reads 'NAGORNO-KARABAKH' in Latin script, flanked by Armenian inscriptions reading 'ԼԵՌՆԱՅԻՆ ՂԱՐԱԲԱՂԻ ՀԱՆՐԱՊԵՏՈՒԹՅՈՒՆ' and 'ԱՐՑԱԽ', with the word 'REPUBLIC' inscribed along the lower rim.
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Reverse lettering 1 DRAM
2013
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Additional information

Artsakh — internationally recognized as part of Azerbaijan but administered by ethnic Armenians following the First Nagorno-Karabakh War — issued its own coinage beginning in 2004 despite having no formal recognition from any UN member state. These aluminum drams circulated locally but functioned as much as political statement as practical currency, asserting administrative independence in a territory whose status remained violently contested. The series continued until the region's complete collapse in September 2023, when a 24-hour Azerbaijani military offensive ended the enclave entirely and its entire population fled.

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