Sat, 8 November
10.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenian Central Bank issues commemorative coins dedicated to Cathedral of Holy Etchmiadzin

YEREVAN, December 21. /ARKA/. Armenia’s Central Bank said today it has put into circulation a silver commemorative coin “Cathedral of Holy Etchmiadzin”.

The Mother See of Holy Etchmiadzin is the spiritual center of Armenians all over the world and the residence of the Supreme Patriarch and Catholicos of All Armenians.

It is the first Christian cathedral in the world, which was built in 301-303 at the initiative and with the assistance of the Armenian king  Trdat III the Great and the first patriarch  Gregory the Illuminator.

The legend says that  Gregory the Illuminator had a vision that the Son of God Jesus Christ descended from heaven to the Ararat Valley, to the capital of Great Armenia Vagharshapat, and indicated the place where the temple of God should be erected.

The Cathedral was built on a cruciform foundation and has a central dome, making it the first cross-domed temple in the world church architecture.

In the 17th century, a three-tiered bell tower was added to the western entrance of the Cathedral, as well as small bell towers on the northern, eastern and southern apses. In 1869, three rooms were built along the entire eastern wall of the cathedral as a depository-museum. In the XVII-XVIII centuries the interior of the cathedral was painted with frescoes by the Hovnatanyan artists.

Over the centuries, the Cathedral of Holy Etchmiadzin was reconstructed at the expense of Armenian princes, patrons of art (Al. Mantashyan, Gulbekian Foundation, Louise Manoogian Simone and the Manoogian family), with charitable donations from Armenians from all over the world and with the assistance of the Armenian state.

At the initiative of the Supreme Patriarch and Catholicos of All Armenians Karekin II, work began in 2012 on the complete reconstruction of the Cathedral, which is planned to be completed in 2021. Since 2000, the Cathedral has been included in the UNESCO World Heritage List.

The face value of the coin is 30,100 drams, it is made from metal / standard – silver 9990, the weight is  1000.0 g, diameter – 100.0 mm, quantity – 301 pieces, year of issue – 2020.

The author of the project is CIT Coin Invest AG, Liechtenstein. The coins were coined at the Mayer mint in Germany.

The obverse depicts the Cathedral of Saint Etchmiadzin, the reverse – the Altar of the Cathedral of Saint Etchmiadzin against the background of the inner part of the dome ($1 – 521.66 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img