This is the fifth note issued by this disputed region of Abkhazia since 2018. The National Bank of the Republic of Abkhazia has released, since 2018, the denomination of 500 apsars (2018), 25 apsars (2023), 10 and 100 apsars (both 2024), and now this 50 apsars.
According to a report, 50,000 pieces have been issued, and like the 2024 issues, this note was also reported as an Investment Banknote. I am not sure what it meant by that, and how is this considered as an investment, apart from calling this a numismatic product. If this note is not intended for general circulation, then the quantity of 50,000 is quite a lot for a rather small population of less than 250,000 living in this disputed region, unless it is also intended to target overseas collectors. For the record, Abkhazia is still internationally recognised as part of Georgia. It declared independence on 23.07.1992, and shortly after that, war broke out in August 1992. Until today, the conflict between this region and the Georgian government is still unresolved, and the Abkhazian managed to stay independent solely due to the Russians backing.
Fifty Apsars
Front - The main feature for this design are the three Black Sea dolphins. In the central top is the map of Abkhazia, and to the left is a sea shell. To the far right is an image of a jellyfish. Like those previously issued, the usual seven-star design in a semi-circular pattern is also incorporated in the design.
Signature - Beslan Baratelia (Chairman since 2014)
Series - 2025
Quantity Issued - 50,000 pieces
Watermark - Image of a square with an anchor and seahorse on each sides
Sizes - 151.5mm x 66mm
Back - An image of a medieval Abkhazian warship in the far left and a prow of a ship in the center. Below the prow is an image of an anchor and to the right is a pattern of a seahorse facing right.
No comments:
Post a Comment
Me