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Central device depicts the coat of arms of the Nagorno-Karabakh Republic, featuring an eagle with wings displayed, bearing a shield on its breast charged with a mountainous landscape, surmounted by a crown above radiating sunbeams. The Armenian legend ԼԵՌՆԱՅԻՆ ՂԱՐԱԲԱՂԻ ՀԱՆՐԱՊԵՏՈՒԹՅՈՒՆ ԱՐՑԱԽ curves around the inner border of the coat of arms, with the denomination 25000 inscribed below the central device. The date 1998 appears in the upper field, flanked on each side by a decorative olive or laurel branch. The fineness mark .999 is inscribed vertically to the right of the coat of arms. |
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Left-facing bust of Astghik, the Armenian goddess of love and beauty, rendered in high relief with finely detailed flowing hair adorned with an ornate headband bearing a star motif. The goddess is depicted with delicate classical facial features in profile, with elaborately styled curling locks cascading to the right. The Armenian legend ԱՍՏՂԻԿ is inscribed to the left of the effigy in the field, while the Latin transliteration ASTGHIK curves along the lower border. Stylized wave-like decorative elements appear beneath the bust, filling the lower field. |
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Artsakh — internationally recognized as Nagorno-Karabakh — issued this coin during a period when the unrecognized republic was building governmental institutions following the 1994 ceasefire that ended its war with Azerbaijan. Coins issued under the Artsakh name were never legal tender in any recognized monetary system; they functioned primarily as numismatic exports, with hard currency receipts helping prop up a cash-starved administration still operating under a de facto blockade.
Astghik is the Armenian goddess of water, fertility, and love — a pre-Christian deity absorbed into Armenian folk tradition whose cult was centered at Ashtishat.