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Abkhazian apsar

The apsar (Abkhaz: аԥсар, āpsār) is a currency of Abkhazia. So far, coins in denominations of 1, 2, 3, 5, 10, 20, 25, 50, and 100 apsars and banknotes in denominations of 10, 25, 100, and 500 apsars have been issued. While the coins and banknotes are legal tender in the Republic of Abkhazia, their usage is very limited, and they are mostly made for collectors. In Abkhazia, the Russian ruble is used in practice. The first apsar coins were introduced in 2008.

The name derives from the Apsars, a tribe mentioned in The Georgian Chronicles who inhabited the region in the Middle Ages and who are believed to be the ancestors of the Abkhaz people.[1][2]

The Bank of Abkhazia is responsible for the apsar coins, and has so far issued two series: "Outstanding personalities of Abkhazia" (6 coins) and "The patriotic war of the Abkhaz nation 1992–1993" (2 coins). People who have appeared on coins include:

10 and 100 apsar coins are made of silver; 25 and 50 apsar coins are made of gold. The number of coins produced is low: 2,000 silver coins are minted and 1,000 gold coins.[3]

Issues

2008 commemorative coins of the 15th anniversary of the Abkhazian victory in the 1992–93 war

2009

Commemorative coins of Abkhazian writers

Commemorative Nart coin

2010

Commemorative Coins of 2010 Historic Monuments of Abkhazia

2011

Commemorative Coin of 2011 World Domino Championship

Commemorative Coins of 2011 Historic Monuments of Abkhazia

2012

Commemorative Coins of 2012 Historic Monuments of Abkhazia

Banknotes of the Abkhazian apsar

On 29 September 2018, the National Bank of the Republic of Abkhazia issued its first banknote for 500 apsars, in commemoration of the 25th Anniversary of the victory in the Patriotic War of the People of Abkhazia and its first president, Vladislav Arynba. 10,000 notes were printed, but were not released for general circulation.[4]

In 2023, the National Bank of the Republic of Abkhazia issued a 25 apsars banknote, in commemoration of the 30th anniversary of the victory in the Patriotic War of the People of Abkhazia. 15,000 notes were printed, but were not issued for general circulation.[5]

In April 2024 the bank released images of new commemorative banknotes of 10 and 100 apsar. These notes were introduced on 10 June 2024.

References

  1. ^ Blauvelt, Timothy K.; Smith, Jeremy (19 November 2015). Georgia after Stalin: Nationalism and Soviet power. Routledge. ISBN 9781317369790 – via Google Books.
  2. ^ Wright, John; Schofield, Richard; Goldenberg, Suzanne (16 December 2003). Transcaucasian Boundaries. Routledge. ISBN 9781135368500 – via Google Books.
  3. ^ (in Russian) Regnum.ru: "Apsar" — part of the country's image
  4. ^ Abkhazia 500 apsars Banknote Museum (www.banknote.ws). Retrieved on 2018-10-28.
  5. ^ Abkhazia new 25-apsar note (B102a) reportedly introduced on 22.05.2023 BanknoteNews (https://banknotenews.com). 22 May 2023. Retrieved on 2023-05-23.
  6. ^ a b c "National Bank of the Republic of Abkhazia : The Bank of Abkhazia Information - Vladislav Ardzinba". nb-ra.org. Retrieved 22 June 2024.
  7. ^ a b c d "National Bank of the Republic of Abkhazia : The Bank of Abkhazia Information - Caucasian Red Deer". nb-ra.org. Retrieved 22 June 2024.
  8. ^ a b c "National Bank of the Republic of Abkhazia : The Bank of Abkhazia Information - Banknote". nb-ra.org. Retrieved 22 June 2024.
  9. ^ a b c d "National Bank of the Republic of Abkhazia : The Bank of Abkhazia Information - Leopard". nb-ra.org. Retrieved 22 June 2024.

External links