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The 2015 release of Noah's Ark by the Armenian Mint has been a huge hit among stackers and collectors alike. The 2016 release is expected to sell out just as quickly. This article explores the background of Armenia and the history of Noah's Ark.
Republic of Armenia is a country located in the South Caucasus Mountains. This democratic nation has a rich history, spanning to before the Roman Empire. The Kingdom of Armenia was established in the 6th century BC, and reached its peak under Tigranes the Great in the 1st century BC. Between the 16th and 19th centuries, the Armenian homeland, composed of Eastern and Western Armenia, came under rule of the Ottoman and Iranian Empires. By the mid-19th century, Eastern Armenia had been conquered by Russia. The modern Republic of Armenia became an independent and sovereign country in 1991, after the fall of the Soviet Union.
Today, Republic of Armenia is a prosperous nation with the Armenian government's aim to build a Western-style parliamentary democracy as its form of government. Armenia is divided into ten provinces, with the city of Yerevan having special administrative status as the country's capital. Mount Ararat, which was historically part of Armenia, is the highest mountain in the region. Now located in Turkey, but clearly visible in Armenia, it is regarded by the Armenians as a symbol of their land. That is why this mountain is present on the Armenian national emblem today.
The Central Bank of the Republic of Armenia finds its headquarters in Yerevan. The Central Bank of the Republic of Armenia is an independent institution that responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector, and keeping the government's currency reserves. The Central Bank of the Republic of Armenia is also the sole owner of the Armenian Mint, the company that has produced the featured coins of this article – The Noah’s Ark.
The fascinating story of Noah’s Ark comes from the Old Testament. Even to this day, the story is known almost to all. As a subject of supreme interest, the silver bullion coinage from Armenia feature Noah’s Ark. These coins rival the famous Australian Kangaroo, the Chinese Panda, the Canadian Maple Leaf, and the popular American Eagle coins. The Central Bank of the Republic of Armenia chose this design because it is widely believed that the remains of Noah’s Ark are located deep within the Mount Ararat. If the remains are ever excavated, this would be the find of a lifetime.
The Noah's Ark coins feature supreme minting quality and purity produced by one of the most modern private minting companies – the Armenian Mint. The Central Bank of Armenia produces the Noah's Ark Armenian silver bullion coins in various sizes, ranging from 1/4 oz. to 5 kilograms. These coins are designed using the business strike method (Mint State), but are struck to such perfection with mirrored fields in the background, which is a quality usually attributed to proof coins. Additionally, these coins are backed by the government of the Republic of Armenia to be legal tender at its face value.
The obverse of these coins is designed by a famous Armenian designer - Eduard Kurghinyan - and displays a dove in flight with an olive branch with Noah’s Ark floating on the flood waters in front of Mount Ararat, with the rising sun in the background. The inscription “Noah’s Ark” encircles this design on the bottom right in English and at the top left in Armenian. The reverse of these coins exhibits the coat of arms of the Republic of Armenia, along with the denomination of “500 DRAM,” and the year “2016.” The inscription for the country of origin “Republic of Armenia” encircles this design on the bottom in English, and at the top in Armenian. The amount and purity of silver “1 oz Ag 999” are present on the right side of these coins. The edge for each of these coins features a serrated design, with purpose of deterring counterfeiters.
While the 2015 release of Noah’s Ark is completely sold out at MCM, the 2016 versions are available now. MCM offers these coins protected by either an individual flips or in a tube of 20 coins, depending on the quantity ordered. We also have the available graded by the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). This coin series is extremely popular for both silver stackers and numismatic coin-collectors. These coins showcase the combined craftsmanship and artistry that have produced this stunning coin design and are truly magnificent works of art.
The 2015 releases sold out quickly. The 2016 releases are expected to sell just as fast! Keep an eye on MCM’s website or sign up for MCM’s email newsletter to be notified of new releases so that you can order your coins before it’s too late!
||Oleg Zamansky is the President and CEO of Coin Maestro, LLC and is an expert in foreign coins, paper money, medals, and sets. Oleg's coin career started in 1983 when his great-grandmother gave him his first foreign coin - 1 Israeli Shequel and ever since, his numismatic journey began. According to Mr. Zamansky, "Due to frequent volatile markets, people need to secure their investments and numismatics is the best way. Coin collecting is the most educating, investment protective business today, and also quite fun." Mr. Zamansky graduated from the University of Cincinnati in 2001, became a partner at RINA Systems, LLC in 2005, and holds a 3rd degree black belt in Tae-Kwon-Do. Today, he is a member of the American Numismatic Association and the Numismatic Guarantee Corporation. Currently, Mr. Zamansky resides with his family in Cincinnati, Ohio and is a contributing writer for ModernCoinMart. His thoughts and opinions may not be shared with MCM or its staff.|