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3 Qəpik Gold
| Issuer | Central Bank of Azerbaijan |
|---|---|
| Year | 2005 |
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| Composition | Log in to see details |
| Weight | 8.80 g |
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| Obverse description | At center, a raised relief map of Azerbaijan occupies the upper portion of the field. The country name legend AZƏRBAYCAN RESPUBLİKASI curves along the upper periphery in Latin script. The denomination 3 QƏPİK is inscribed in large characters in the lower field beneath the map. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Azerbaijan's earliest gold bullion issues, produced in the mid-2000s, coincided with the country's rapidly expanding oil revenues following the opening of the Baku–Tbilisi–Ceyhan pipeline in 2005 — a moment when the Central Bank had both the political motive and the hard currency reserves to enter the commemorative and bullion coin market seriously. The qəpik denomination itself had been dormant in practice; inflation had rendered fractional coinage effectively worthless in everyday commerce, making this a purely numismatic exercise from the outset.