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50 Drams Three Springs

Issuer Nagorno-Karabakh Republic
Year 2020
Type Fantasy coin
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Reverse description The reverse depicts the Teatralny Spring in Stepanakert, popularly known as 'Three Cranes' or 'Three Springs,' constructed in 1977. The fountain monument is rendered in fine relief against a plain field, serving as the central design motif. The denomination '50 DRAMS' is inscribed above the design, with 'STEPANAKÉRT' appearing below the central motif and the date '2020' at the bottom of the field.
Reverse script Latin
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Additional information

The Nagorno-Karabakh Republic issued its own coinage as an assertion of administrative independence, though the territory was never recognized as a sovereign state by any UN member. The "Three Springs" series names sites of local geographic and cultural significance within the disputed region. This particular issue appeared in 2020 — the same year the Second Nagorno-Karabakh War ended with Azerbaijan retaking substantial territory, including areas that had been under Armenian control since 1994. The NKR itself was formally dissolved in September 2023 following a one-day military offensive.

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