Mount Ararat has been widely accepted as the final resting place for Noah's Ark, the boat from the biblical story of the great flood. As a way to commemorate and celebrate, the government of Armenia began producing a series of silver coins featuring Noah's Ark.
The Noah's Ark Silver Coin series began mass production in 2011 when the Central Bank of Armenia struck a partnership with a subsidiary of Geiger Edelmetalle to mint these special coins.
The coins were initially available in 1/4 oz, 1/2 oz and 1 oz weight denominations. Since the introduction the Noah's Ark silver coins have seen a surge in demand. To meet the demands of investors and collectors, larger size coins, with 5 oz, 10 oz, 1 kilo and 5 kilo weight denominations have been introduced that have become widely popular.
Like other annually released sovereign coins, the design of the Noah's Ark Silver Coins remains the same year after year. The obverse of the coin features the Armenian Coat of Arms, proudly showing an eagle and a lion behind the national shield. Mount Ararat is depicted in the center of the shield with a rendering of Noah's Ark resting at it's peak.
The reverse design is based on the narrative from the Bible in which a mighty flood wipes out life on the planet. The background depicts the sun rising over Mount Ararat as a dove flies with a branch in it's beak, a symbol of peace and tranquility. Engravings on the obverse, in both English and Armenian read "Noah's Ark".
All of the Armenia Noah's Ark series coins are produced in .999 fine silver. They each carry a face value in the Dram, the national currency of Armenia. The face values of each coins vary based on their weight denomination, with the 1 troy oz coin having a value of 500 Dram.