Catalog
| Issuer | Central Bank of Artsakh |
|---|---|
| Year | 2003 |
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| Composition | Log in to see details |
| Weight | 31.43 g |
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| Obverse description | Central field features the coat of arms of the Nagorno-Karabakh Republic, depicting a spread eagle with a shield bearing a cross and a mountain motif, surrounded by radiating rays, all set within a circular border. Flanking the upper portion of the design are two decorative olive branches in low relief. The Armenian legend naming the republic and region arcs along the lower periphery within a curved ribbon, with the denomination '1000' appearing below the central device. The date '2003' is inscribed at the top of the field, and the fineness mark '999' appears to the right of the central device. |
|---|---|
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| Mintage | 2003 |
| Additional information |
Artsakh — also known as Nagorno-Karabakh — declared independence from Azerbaijan in 1991, though it has never received recognition from any UN member state. The Central Bank of Artsakh issued commemorative coinage primarily as a revenue mechanism and assertion of institutional legitimacy rather than for any practical monetary function. This piece honors Haik Nahapet, the legendary patriarch considered the founding ancestor of the Armenian people, whose narrative appears in the 5th-century histories of Moses of Khorenatsi.
The issuing authority itself ceased to function following Azerbaijan's military offensive in September 2023, which ended the republic's de facto existence entirely.