Catalog
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| Issuer | Bank of Abkhazia |
|---|---|
| Year | 2018 |
| Type | Log in to see details |
| Value | 500 Apsars |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The coat of arms of Abkhazia appears at upper left, accompanied by a vignette of soldiers raising the Abkhazian flag. A portrait of Vladislav Ardzinba, the first President of Abkhazia, is positioned to the right, rendered in intaglio against a multicolour guilloche underprint. Denomination and issuer inscriptions in the Abkhaz script frame the composition along the upper and lower margins. |
|---|---|
| Obverse lettering | 500 ҦСАР АҦСНЫ АБАНК ВЛАДИСЛАВ АРӠЫНБА (Translation: 500 Apsar, Bank of Abkhazia, Vladislav Ardzinba) |
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| Comments |
The apsar is a commemorative currency unit with no legal tender function in ordinary commerce — these notes were issued by the Bank of Abkhazia as collector pieces, denominated in a unit that exists nowhere in daily Abkhazian economic life. Vladislav Ardzinba was the first president of Abkhazia following the 1992–93 war with Georgia, a conflict that ended with Abkhazia's de facto independence but recognition from only a handful of states, Russia chief among them.
Goznak's involvement is the telling detail. Having the Russian state printer produce commemorative currency for a territory whose political existence depends almost entirely on Russian recognition is less a printing contract than a political statement rendered in paper and ink.