50 000 Drams Monument We Are Our Mountains

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 Medal alignment ↑↑
Engraver(s)
In circulation to 1 January 2024
Reference(s) KM#4
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 Two monumental portraits.
Reverse script Armenian, Latin
Reverse lettering ԱՐՑԱԽ ∙ ARTSAKH 2000
(Translation: Artsakh)
Edge
Mint
Mintage 1998 - Proof -
Numisquare ID 3668084510
Additional information

Historical Context: The 1998 50 000 Drams coin from Artsakh (Nagorno-Karabakh Republic) emerged from a pivotal post-First Nagorno-Karabakh War era. Issued by a de facto independent state, this high-denomination silver piece served as a powerful declaration of sovereignty and national identity. It commemorated the iconic 'We Are Our Mountains' monument, known as Tatik-Papik, a profound symbol of the Armenian people's enduring presence and deep historical roots in Artsakh, a region of immense geopolitical and cultural significance.

Artistry: While the specific engraver remains uncredited, the coin's design adheres to a modern commemorative stylistic school, emphasizing nationalistic symbolism. The reverse masterfully depicts the 'We Are Our Mountains' monument, an imposing tufa sculpture near Stepanakert, portraying an elderly Armenian man and woman. The artistry captures the monument's stoic dignity and monumental scale, rendering its distinctive contours and expressions with a powerful, almost bas-relief quality. The obverse typically features the national emblem and denomination.

Technical/Grading: Struck in .999 fine silver, this substantial coin weighs 155.5175 grams and measures 63.8 millimeters, classifying it as a significant commemorative issue. High points for grading include the subtle facial features and contours of the heads on the 'We Are Our Mountains' monument, along with intricate details on the obverse emblem. Examples typically exhibit a strong strike, showcasing sharp relief and often a proof-like or brilliant uncirculated finish. Collectors should scrutinize for field marks or rim imperfections, common on such large pieces.

×