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500 Dram
| Issuer | Central Bank of the Republic of Armenia |
|---|---|
| Year | 2003 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
| Thickness | 1.85 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ՀԱՅԱՍՏԱՆԻ ՀԱՆՐԱՊԵՏՈՒԹՅԱՆ ԿԵՆՏՐՈՆԱԿԱՆ ԲԱՆԿ ◘ 2003 ◘ (Translation: Central Bank of the Republic of Armenia) |
| Reverse description | The large numeral '500' is prominently displayed in the copper-nickel centre field against a finely engine-turned diagonally lined background, with the Armenian word 'ԴՐԱՄ' (Dram) inscribed in smaller characters immediately below. The outer copper-aluminium-nickel ring is decorated with a continuous pattern of raised petal or scallop motifs encircling the entire circumference, giving the reverse a distinctive ornamental appearance. |
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| Additional information |
Armenia's bimetallic coinage program of the early 2000s followed the country's broader effort to stabilize the dram after the currency's rocky introduction in 1993, when it replaced Soviet-era rubles amid severe post-independence economic contraction. The 500 dram denomination sat at a practical but awkward value point — too large for everyday small transactions, too small for meaningful savings — which limited its circulation life considerably.
KM#97 is occasionally encountered with uneven ring bonding, a known production inconsistency from this period of the Armenian mint's bimetallic output.