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 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Armenian |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Nagorno-Karabakh's coinage program was always as much political statement as monetary instrument — the self-declared republic issued its own currency largely to assert institutional existence rather than to supply a functioning economy, which ran primarily on Armenian drams. The 2021 date is particularly pointed: it places this coin's issue in the same year as the ceasefire aftermath of the 2020 Nagorno-Karabakh war, in which Azerbaijan recaptured significant territory and the republic's long-term survival became acutely uncertain.
Fewer than two years after this coin was struck, the republic ceased to exist entirely following Azerbaijan's September 2023 military offensive.