Catalog
| Issuer | Artsakh |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
| Value | 50 000 Drams (50 000) |
| Currency | Dram (2003-2023) |
| Composition | Silver (.999) |
| Weight | 155.5175 g |
| Diameter | 63.8 mm |
| Thickness | |
| Shape | Round |
| Technique | Milled |
| Orientation | |
| Engraver(s) | |
| In circulation to | 1 January 2024 |
| Reference(s) | KM#2 |
| Obverse description | Coat of arms of the Nagorno-Karabakh Republic. |
|---|---|
| Obverse script | Armenian |
| Obverse lettering |
1998 ԼԵՌՆԱՅԻՆ ՂԱՐԱԲԱՂԻ ՀԱՆՐԱՊԵՏՈՒԹՅՈՒՆ ԱՐՑԱԽ 50000 (Translation: Nagorno-Karabakh Republic Artsakh) |
| Reverse description | Head Monte Melkonian left above two fists. |
| Reverse script | Armenian |
| Reverse lettering | 1957 ∙1993 |
| Edge | Smooth with inscription |
| Mint | |
| Mintage |
1998 - Proof; Struck at Lialoosin Inc., Los Angeles, CA - |
| Numisquare ID | 4540697560 |
| Additional information |
Historical Context: Issued in 1998 by the Republic of Artsakh (Nagorno-Karabakh), this 50,000 Drams coin commemorates Monte Melkonian, an Armenian-American national hero and prominent commander during the First Nagorno-Karabakh War (1988-1994). This issuance by a de facto independent state, unrecognized by most of the international community, profoundly symbolizes Artsakh's assertion of sovereignty and national identity in the post-Soviet era. The coin serves as a powerful numismatic testament to the sacrifices made in the struggle for self-determination and the veneration of its military figures.
Artistry: While the specific engraver is not widely documented, the coin exemplifies a modern commemorative style, typical of post-Soviet national issues. The obverse likely features the national emblem of Artsakh or a stylized representation of its territory, alongside the denomination. The reverse undoubtedly bears a dignified portrait of Monte Melkonian, often depicted in military attire or with symbolic elements reflecting his leadership and sacrifice. The design aims to evoke patriotism and respect, employing realistic portraiture combined with nationalistic iconography.
Technical/Grading: Struck in .999 fine silver, weighing 155.5175 grams and measuring 63.8 mm, this large-format commemorative likely exhibits a proof strike. Key high-points for grading would typically include the highest relief areas of Melkonian’s portrait (e.g., hair, cheekbones, uniform details) and intricate elements of the national emblem. Collectors should examine the expansive fields for hairlines, contact marks, and hazing, common on large silver issues. A strong, full strike with deeply mirrored fields and frosted devices indicates a premium example.