Wednesday, September 30, 2015

20 Years of National Currency


COLLECTOR COINS 2013


Nominal ValueMetal and StampWight grDiametrCirculationEdgeQuality
1000 dramsilver 99931,1 g38,0 mm500 pcseven, numberedproof, pad-printing


The coin is dedicated to the 20th anniversary of introduction of Armenian currency, the Dram. On September 21, 1991, Armenia's independence was declared. This brought about the need to have a national currency. On November 22, 1993, the first series of banknotes were put into circulation in the Republic of Armenia. With design works delivered for the first series of banknotes, the Central Bank of Armenia has actually started the tradition of presenting Armenia's cultural and historical heritage on the notes and coins. For the issuance of the second series of banknotes, much attention was paid to the improvement of security features and quality aspects of the banknotes and modern solutions of security technologies were introduced. There are up to 17 security features applied to the Armenian banknotes, which meet the internationally accepted standards of security printing. Currently, the money cycle involves circulation, collector, commemorative and investment coins. Since 1994, the Central Bank of Armenia has issued more than 180 gold and silver coins which are dedicated to important historical and cultural events and anniversaries in Armenia. The Central Bank of Armenia's coordinated efforts aimed at improving the quality of banknotes, have proved effective as its notes and coins have repeatedly won awards at prestigious international contests and been highly praised by the international community. Obverse of the coin depicts the coat of arms of the Republic of Armenia and the logotype of the 20th anniversary. On the background of the coat of arms, there are depictions resembling security features of Armenian banknotes (guilloche and security thread). Reverse of the coin depicts the building of the Central Bank of Armenia and depictions resembling security features of Armenian banknotes (guilloche and see-through ornament).





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