50 000 Drams Tiridates III of Armenia

The Nagorno-Karabakh Republic began issuing its own coinage in 1998, less than a year after declaring itself a sovereign state — a political act as much as a monetary one. Tiridates III, the 4th-century Armenian king credited with adopting Christianity as state religion in 301 AD, was a predictable but pointed choice for a republic asserting its Armenian identity against Azerbaijani territorial claims.

At 155.5 grams, this is a five-troy-ounce piece — a format used almost exclusively for prestige issues with negligible circulation intent.