Catalog
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| Issuer | Nagorno-Karabakh Republic |
|---|---|
| Year | 2021 |
| Type | Fantasy coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A brown bear (Ursus arctos) is depicted in high relief in a seated, upright posture, facing slightly left, with its right forepaw raised as if in a waving gesture, the detailed fur texture rendered naturalistically across the body. The denomination 50 DRAM appears in two lines to the left of the bear in the field, while the inscription BROWN BEAR is positioned in two lines to the right. The date 2021 is inscribed along the lower exergue in Latin numerals. |
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| Edge | Reeded |
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| Additional information |
The Nagorno-Karabakh Republic issued this coin during one of the most turbulent periods in its short existence — just months after the 2020 Azerbaijani offensive that stripped the unrecognized state of roughly two-thirds of its remaining territory. Coinage from this issuer after that point carries an almost archival quality: a government minting currency for a population and jurisdiction that were rapidly being dismantled by military and political force.
The republic itself ceased to exist in September 2023 following a renewed Azerbaijani military operation lasting under 24 hours.