5 Apsars Leon II

Abkhazia's apsar coinage occupies genuinely unusual legal territory — issued by the Bank of Abkhazia, a central bank recognized by only a handful of UN member states, these pieces circulate in a republic whose independence remains contested under international law. The apsar itself has never functioned as everyday currency; it exists primarily as a collector and diplomatic artifact, a numismatic assertion of statehood more than a medium of exchange.

Leon II ruled Abkhazia in the 9th century and is credited with breaking from the Georgian Bagratid orbit to establish a briefly dominant Abkhazian kingdom stretching across much of the western Caucasus.