1 oz Armenian Noah’s Ark Silver Coin (Mixed Years)

Buy 1 oz Armenian Noah’s Ark and hold a modern silver bullion coin with an attractive design. With its low premium above the silver spot price, this silver coin is a great investment choice. This coin is a great product to buy for a gift or to complete any silver coin collection.

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Design of the Silver Noah’s Ark

The obverse of the coin features the National Coat of Arms of Armenia, surrounded but the inscription ” REPUBLIC OF ARMENIA ” in Armenian and English.You can also see the manufacturers mark, the nominal face value of 500 Dram, the purity of .999 silver (AG) and the weight of one ounce (31.103 grams).

The reverse of the design displays Noah’s Ark in front of the Mount Ararat, the national symbol of Armenia, which is now part of the Turkish territory but remains an important part of the national identity of Armenia. A rising sun is also shown in the background. The dove of peace is shown at the front of the scene, with an olive branch in the beak, flying towards the ark. The inscription “Noah´s Ark” in Armenian and English lettering is minted around the motif.

The edge of the coin is serrated. The Noah’s Ark silver coin was designed by Eduard Kurghinyand.

Why buy 1 oz Armenian Noah’s Ark Silver Coin ?

The Central Bank of Armenia partnered with Geiger Edelmetalle’s (GmbH) to manufacture new silver coins. The minting company selected the Noah’s Ark as the design of the new silver coin. As a result, the 1 oz Silver Noah Ark became available in the market for private investors in 2011.

Like any silver bullion program, the Armenian Noah’s Ark coins features the same design on both side. With its high mintage volume, this 1 oz silver coin has a price really close to spot. Therefore, buy 1 oz silver Armenian Noah’s Ark is an excellent way to buy silver at low price. Moreover, it makes your bullion portfolio more flexible by breaking it in smaller units.

It is also important to note that Geiger Edelmetalle’s produced early specimens in low quantity. This limited-issue added some collectibility to the early silver Noah’s Ark.

History of the Silver Noah Ark coin

The story of Noah´s Ark and the Great Flood is well recognized around the world. The Genesis flood narrative tells how God punished mankind with a flood because of their sin, with the exception of Noah and his family, to who he asked to build an ark (large boat) and take aboard two or more of every animal species. According to the legend after the flood waters subside, Noah’s Ark come to rest on the Mount Ararat. Nowadays, this mountain is still in the Coat of Arms of Armenia.

Because Noah´s Ark is the most meaningful symbol in Armenian history, this famous biblical narration was selected as motif for the bullion coin. The Noah´s Ark investment coin will widely promote recognition of Armenia’s ancient history and cultural values. 

The Central Bank of Armenia partnered with Geiger Edelmetalle’s (GmbH) to manufacture new silver coins. As a result, the 1 oz Silver Noah Ark became available in the market for private investors in 2011.

The silver Noah’s Ark is available in various sizes, with a fine silver weight ranging as follow: 1/4 ounce (100 Dram), 1/2 Dram (200 Dram), 1 ounce (500 Dram).

In 2012, larger denominations and sizes were introduced in the market: 5 ounces (1000 Dram), 10 ounces (5000 Dram), One kilogram and Five kilogram coins.

Since its inauguration more than 5 million Noah’s Ark silver coins have been produced and distributed all over the world.

Why buy 1 ounce silver coins ?

In most cases, buying silver coins or bars is a matter of preferences. It mostly depends on your investment goals.  However, there are several points to note before to choose silver bullion coins rather than bars.

Silver coins usually have a higher premium. But they are more affordable to buy compared to large silver bars. Therefore, they are more suitable for low-budget investors.

Furthermore, buy Silver coins is great way to hold small quantity of silver. You can then exchange easily some of your silver coins for cash. In the contrary, relying on a large silver bar makes your investment more rigid.

Most of the Sovereign Mints produce silver bullion coins in large quantity. These include the 1 oz silver Noah’s Ark. In summary, silver coins are easier to trade than bars because they are more liquid in the market.

Finally, some silver coins have additional tax additional benefits. To illustrate, the silver Britannia is exempt of Capital Gain Tax (CGT). Therefore, it is ideal for british investors. Similarly, Silver Eagle can be used in IRA plans for US citizens.