The first investment coins were issued in the 19th century in France, UK, U.S. and some other countries, becoming more popular in the second half of the 20th century. Nowadays, the interest is still high, as many states tend to improve their monetary policy.
Armenia did not stay aside of the above-mentioned processes and issued the first edition of investment coins Noah’s Ark in 2011- 2012.
The Central Bank of Armenia has granted the right of striking, advertising, marketing and selling the Noah’s Ark silver investment coins to the German GEIGER EDELMETALLE GmbH. The company is engaged in precious metals mining, as well as production of bullion and investment coins made of gold, silver and platinum of various weights.
The Noah’s Ark silver investment coin is made of 99.9% silver and is produced in 1/4, 1/2, 1, 5 and 10 ounces, and 1 and 5kg weight variety.
Nominal value – 100 AMD; Weight - 1/4 ounces; Metal - 99.9% silver; Diameter - 20.18mm; Milled edge – corrugated; Quantity - up to 2 000 coins.
Nominal value – 20 000 AMD; Weight – 5kg; Metal - 99.9% silver; Diameter - 149.62mm; Milled edge – corrugated; Quantity - up to 50 000 coins.
The designer is Eduard Kurghinyan.
The material was prepared in cooperation with Gevorg Mughalyan, the numismatist of the Central Bank of Armenia.