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1000 Dram Armenian Money

Issuer Central Bank of Armenia
Year 1994
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Value 1000 Dram
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Obverse script Armenian
Obverse lettering 1000 ԴՐԱՄ 1994
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Additional information

Armenia's first commemorative silver issues appeared in 1994, just three years after independence from the Soviet Union, as the Central Bank sought to establish the dram as a credible currency following its introduction in November 1993 — itself a response to the collapse of the ruble zone. The country was simultaneously managing a crippling energy blockade and active conflict over Nagorno-Karabakh when these coins were authorized.

The 31.1g fine silver format places this squarely in the one-troy-ounce collector series that dominated sovereign mint output in the early 1990s, though Armenian issues from this period remain considerably less documented in Western auction records than comparable post-Soviet emissions from the Baltic states.

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