Tue, 17 June
19.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Central Bank of Armenia issues collector coin dedicated to 150th anniversary of Alexander Spendiaryan’s birth

YEREVAN, October 13, /ARKA/. On October 13, 2021 the Central Bank of Armenia has put into circulation a silver collector coin dedicated to the 150th anniversary of Alexander Spendiaryan’s birth.

Alexander Spendiaryan (1871-1928) is a great Armenian composer, conductor, pedagogue, a musical and social activist, People’s Artist of the Armenian SSR (1926).

In 1892-1894 Spendiaryan studied the theory of composition with N. Klenovsky in Moscow, and in 1896-1900 with N. Rimsky-Korsakov in St. Petersburg. He lived in the Crimea, got involved with conductor’s and musical and social activities. As a composer, he was influenced by Russian and Armenian cultures.

Since 1924 Spendiaryan lived in Yerevan. During that period he wrote the “Yerevan Etudes” and completed the heroic-patriotic opera “Almast” (by H. Tumanyan’s poem “The Siege of the Tmouk Castle”, libretto by S. Parnok) – one of the best works of the Armenian music theater.

Spendiaryan played a great role in the formation of the Armenian National Composer School – he enriched Armenian music with new themes, expanded the genres, laid the foundation of the Armenian national symphony. His “Crimean Sketches”, “Three Palms”, “Yerevan Etudes” and other symphonic works are classic samples of Armenian symphonic music.

The Spendiaryan House-Museum was established in Yerevan. The Yerevan National Academic Opera and Ballet Theater (1933) and Music School No. 1 carry the name of the composer.

Obverse: the monument to Spendiaryan (sculptors: A. Sargsyan, Gհ. Chubaryan, architects: G. Aghababyan, F. Darbinyan, 1953) against the background of the Opera and Ballet Theater building (architect A. Tamanyan, 1932) and a dancer.

Reverse: Spendiaryan’s portrait, note pages of the “Three Palms”, stylized images of a violin, inkwell and palm trees.

Designer: Vardan Vardanyan.

The coin is minted in the Lithuanian Mint.

Technical specification of the collector coin

Face value                   1000 dram

Metal/fineness             silver 9250

Weight                        33,6 g

Diameter                     40,0 mm

Quality                                    proof

Edge                            ribbed

Quantity of issue         500 pcs

Year of issue               2021

Notice

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. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro to Armenian dram exchange rate fell by 3.77 points

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 13, 2025, fell by 0.25 points compared to June 12 and amounted to 383.23 drams.

CBA introduces Master Documentation for Derivatives and Repurchase Transactions in Armenia

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.

Central Bank of Armenia will develop a by-law for the implementation of the law “On crypto assets”

The Central Bank of Armenia will begin work on developing a by-law after the adoption of the law "On crypto assets", said the head of the regulator Martin Galstyan, answering a question from the ARKA news agency.

Armenia’s banking system dominates the financial system’s asset structure with a share of 83% and an indicator of 11 trillion drams – head of...

The assets of the banking system continue to make up the overwhelming majority of the financial system's assets - about 83%, or about 11 trillion drams, said the head of the Central Bank of the republic Martin Galstyan, presenting a report on financial stability for the past year.

LATEST NEWS

spot_imgspot_imgspot_img