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| Issuer | Central Bank of the Nagorno-Karabakh Republic (Artsakh) |
|---|---|
| Year | 1998 |
| Type | Log in to see details |
| Value | 50 000 Drams (50 000) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Armenian |
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| Reverse description | Right-facing bust of Tigran the Great, King of Kings of Armenia (95–55 BC), portrayed in high relief wearing a tall Armenian royal crown adorned with a central floral motif and flanked by eagle heads, with long hair falling to the shoulder and a draped garment at the base of the neck. The effigy is rendered in a stylized yet regal manner characteristic of commemorative portraiture. The Armenian legend ՏԻԳՐԱՆ ՄԵԾ ԱՐՔԱՅԻՑ ԱՐՔԱ 95 55 Մ.Թ.Ա. curves around the upper and left border, identifying the subject as Tigran the Great, King of Kings, with his regnal dates. |
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| Additional information |
The Nagorno-Karabakh Republic declared independence from Azerbaijan in 1991, though it has never received recognition from any United Nations member state — including Armenia, whose military effectively backed its existence. Issuing coinage was a deliberate act of statecraft, and this 1998 series, denominated in drams and invoking Tigran the Great as a symbol of Armenian imperial antiquity, was produced primarily for export sale rather than domestic circulation.
At 155.5 grams of .999 silver, this is a five-troy-ounce piece — a format used almost exclusively in the collector bullion market of the late 1990s.