50 000 Drams Andranik Ozanian

Andranik Ozanian — known simply as Andranik — was an Ottoman-born Armenian general who led irregular forces against Ottoman and Kurdish units during the massacres of the 1890s and again during the genocide of 1915–18. He never recognized the 1920 Treaty of Sèvres as adequate and died in exile in Fresno, California in 1927, having spent his final years fundraising for Armenian causes and deeply bitter about the abandonment of Armenian territorial claims by the Allied powers.

The Nagorno-Karabakh Republic began issuing commemorative coinage in 1998, shortly after the ceasefire that ended the First Nagorno-Karabakh War — a conflict in which Andranik's memory carried explicit symbolic weight for Armenian fighters. At 155.5 grams of .999 silver, this is a five-troy-ounce piece.