Noah’s Ark 2011 1oz Silver Coin Presentation
Noah’s Ark 2011 1oz silver coin is a brand new release by the Republic of Armenia, being issued in 2011, and it commemorates Mt. Ararat and Noah’s Ark as the title of this silver coin suggests, which are depicted on the reverse.
Even though we said in the first paragraph that this Armenian silver coin is a commemorative it was not marketed in this sense. Noah’s Ark 2011 1oz silver coin is only to be perceived as a bullion coin, destined to investments. This fact is also sustained by a more intensified mintage compared with silver commemorative coins, which are characterized by a scarcer mintage.
Noah’s Ark 2011 1oz silver coin weighs 31.10 grams of pure silver or one troy ounce. Since we mentioned the term pure silver it is understood that it has a 99.90% purity or 999/1000 fineness. It also has a diameter of 38.5 mm, slightly higher than that of the Canadian Maple Leaf which has 38 mm and slightly lower than the 40 mm diameter of the Mexican Libertad silver coin.
Noah’s Ark 2011 1oz Silver Coin Design
The obverse of a Noah’s Ark 2011 1oz silver coin has engraved the Armenian coat of arms together with the denomination 500 DRAM, the weight and the purity 1 OZ Ag 999 and the issuing country REPUBLIC OF ARMENIA at the bottom of the reverse, and inscribed also in Armenian at the top of Noah’s Ark 2011 1oz silver coin in a semicircle.
The reverse of a Noah’s Ark 2011 1oz silver coin illustrates Noah’s Ark and in the background Mt. Ararat together with the famous white dove with an olive branch in his beak that announced the end of the flood. The only inscription is NOAH’S ARK in both languages.
Noah’s Ark 2011 1oz Silver Coin Investment
Even though the face value of a Noah’s Ark 2011 1oz silver coin is equal to 500 dram, which in the most circulating currencies are equivalent to 1 euro and US $1.40, the price at which this coin is traded is higher, in accordance with the silver price plus a premium. Therefore, it is a fluctuating price.
Due to the increases in the silver price in the last three years, many people shifted attention towards investment into precious metals which are much safer than stocks and bonds investment. Silver is a preferred option because it is much more affordable than gold and bigger quantities can be traded. Noah’s Ark 2011 1oz silver coin is one way to perform such an investment.
Noah’s Ark 2011 1oz silver coin can compete with other popular silver bullion coins like the Canadian Maple Leaf and the Mexico Libertad as well as when it comes to dimensions and bullion characteristics as well as when it comes to popularity.
This bullion coin minted by the Republic of Armenia, Noah’s Ark 2011 1oz silver coin, is available in two forms: tubes of 20 pcs or if an investor desires a higher quantity we offer 500 pcs that come together with a wooden box.