The Central Bank of Armenia has issued “Admiral Isakov-125” silver collector coin.

According the Central Bank the obverse features the images of cruiser after Admiral Isakov, a star on the Admiral’s shoulder strap, a ship and an anchor. The reverse features a portrait of Admiral Isakov, the images of the seafarer’s dirk and books.

The face value is AMD1000, weight: 33.6 g.

The coins have been minted in the Lithuanian mint with the quantity of 500 pieces.

The designer is Vardan Vardanyan.

The Central Bank noted that collector coins are made of precious metals and are issued to present to the society the national, international, historical and cultural, spiritual and other values of the country, to immortalize these values in the metal and to meet the demands of the numismatic market.

Like any other currency the collector coins have face value which makes them the means of payment. However, the face value of these coins is much lower that their cost price which includes the cost of the precious metal used for manufacturing of the coin, mintage and other expenses. Low face value and high cost price allow these coins to be considered as the items of collection and not the means of payment used in money circulation. The collector coins have also the sale price set by the Central Bank of Armenia.

As the items of collection the collector coins are issued in very restricted quantities and are not reissued.

Numismatists, collectors and all interested persons can buy the Armenian collector coins in the sales salon “Numismatist” which is in the building of the Central Bank of Armenia and is open for everyone.

The information of the Central Bank about the day of the official issue of the collector coins doesn’t imply the day of the sale. The information about the coins and their sale price is provided on “Banknotes and Coins” - “Numismatist” section of Central Bank’s official web page and at the department of “Numismatic Values” of salon “Numismatist”.

The acquired coins and other numismatic values cannot be returned or exchanged.