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

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Armenia to prepare action plan to implement MONEYVAL recommendations — Union of Banks

Armenia's interdepartmental commission will soon present for discussion an action plan to implement MONEYVAL recommendations, said Daniel Azatyan, Chairman of the Union of Banks of Armenia, in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img