Updated: Nov 13, 2021
This large Artsakhi banknote represents the 2nd denomination of the Artsakh Dram (Series 2004). The observe depicts a mural of Jesus Christ holding sermon and the Dadivank Monastery, in Shahumian. The reverse features one of the two Khodaafarin Bridges, on the Aras River. Originally part of the historical Silk Road. (Note Size: 165 x 90 mm or 6.50 x 3.54 in)
The unrecognized state Nagorno-Karabakh is an ethnically Armenian enclave, located within the Republic of Azerbaijan.
On 20 February 2017 Nagorno-Karabakh was renamed the Republic of Artsakh, via constitutional referendum.
The Artsakh Dram is pegged to the Armenian Dram and thus equal value.
The Armenian Dram remains the primarily currency in daily use, due to the low denominational value of the Artsakh Dram notes.
This note was printed by Österreichische Staatsdruckerei (Austria State Printing House), on the behalf of the numismatics wholesaler the Educational Coin Company.
The Nagorno-Karabakh Republic in partnership with the Educational Coin Company, used the notes to garner international awareness of the republic.
Österreichische Staatsdruckerei was under the impression the notes were intended to be only sold as fantasy money.
The majority of Artsakh Dram notes are collector items, often resold via secondary sellers.