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10 Dram

Issuer Central Bank of the Republic of Artsakh
Year 2004
Type Standard circulation banknote
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Obverse description The National Coat of Arms of Nagorno-Karabakh appears at upper left, accompanied by a vignette of Jesus Christ holding the Gospels and raising his right hand in benediction. A detailed architectural vignette of the Dadivank monastery, located in the Shahumian district, occupies the central and right portion of the note.
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Protection type Watermark
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Comments

The Republic of Artsakh — internationally unrecognized, largely dependent on Armenian political and financial support, and operating under the name Nagorno-Karabakh Republic until 2017 — issued its own currency despite having no formal monetary system independent of the Armenian dram. These notes were never used as a functioning circulating currency; they served primarily a symbolic and commemorative purpose, asserting statehood through the physical form of banknotes. The OeBS printing contract is notable: Vienna's security printer has produced notes for dozens of recognized sovereigns, and Artsakh sits in unusual company on that client list.