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| Issuer | Nagorno-Karabakh Republic (Artsakh) |
|---|---|
| Year | 2013 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin/Armenian |
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| Reverse description | A finely detailed wild goat (bezoar ibex) stands in profile facing right, rendered in high relief with clearly delineated musculature and a prominent curved horn. The denomination 5 DRAM is inscribed to the upper left of the animal in Latin characters, and the date 2013 appears in the exergue below. The field is otherwise plain, allowing the naturalistic depiction of the animal to dominate the composition. |
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| Additional information |
Nagorno-Karabakh issued its own coinage despite lacking recognition from any UN member state — a deliberate assertion of administrative separateness from Azerbaijan that accelerated after the 1994 ceasefire froze the conflict lines. These aluminum bronze pieces circulated alongside Armenian drams in practice, since the Artsakh dram was effectively pegged to and interchangeable with Armenian currency. The Republic's coin program was as much a political statement as a monetary one.
KM#31 belongs to a 2013 restrike series produced well after initial issues, likely for collector distribution rather than heavy circulation.