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2016 1 oz Armenian Silver Noah’s Ark Coin

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Pricing Information

Price per gram Price per ounce Price Premium Spread
US$ 1.44 US$ 44.83 24.58% 24.65%

IPM Buy-Back Prices

IPM Buyback Price Non-Vault Buyback Price
US$ 35.97 US$ 35.89

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Quantity Prices
Buy 1 - 19 US$ 45.02
Buy 20 - 39 US$ 44.92
Buy 40+ US$ 44.83

Product Information

  • Product Details
  • Specifications
  • Tax Overview
  • Storage

2016 1 oz Armenian Silver Noah’s Ark Coin

The official sovereign silver coin of Armenia, this coin’s brilliant design features speak to the heritage and history of the tiny Eastern European nation.

Coin Highlights:

  • Contains 1 troy oz of .999 pure silver.
  • Bears a face value of 500 Drams backed by the government of Armenia.
  • Features a depiction of Noah’s Ark on the reverse.
  • Armenia’s coat of arms graces the obverse.

People from across the Christian world are familiar with the story of Noah and the great flood God unleashed upon the Earth, as told in the Book of Genesis. God came to Noah offering his family a chance at salvation if they constructed a massive ark to save themselves and two of every animal in the world.

The story has real connections in Armenia, where the resting place of Noah’s Ark, Mount Ararat, was historically located. The tiny nation saw its claims to Mount Ararat erased at the end of World War I as the Soviet Union and Turkey redrew borders following the fall of the Ottoman Empire. The border between Armenia and Turkey which had formerly gone over the mountain itself, was redrawn to include the mountain within Turkish lands.

On the obverse side of the 2016 1 oz Armenian Silver Noah’s Ark coin is the national emblem for the nation of Armenia, along with the engraving of the phrase “Republic of Armenia” in both English and Armenian. The coin’s face value, fineness, metal content, and year of minting are also included on this side.

The reverse bears the image of Noah’s Ark as it floats on the flood waters. In the background, the sun rises over the cliffs of Mount Ararat, while a lone dove flies into the foreground with an olive branch in its beak, signaling that it is now safe to find land as the flood subsides.

Armenian Silver Noah’s Ark coins are struck at Germany’s Geiger Edelmetalle Mint, one of the nation’s four minting facilities.

Weight:

31.1 grams

Diameter:

38.61mm

Thickness:

2.8mm

Purity:

999%

Tamper Proof Packing:

1

Zero Tax - Exempt of Any Taxes if stored in Allocated Segregated Vault within Le Freeport Singapore. Singapore - GST is Exempt, Zero-Rated for GST purposes Malaysia - All Precious Metals are subject to GST under new Customs ruling instigated in February 2016 UK Delivery - Tax is Applicable at VAT 20%, Capital Gains Tax exempt

Storage

We Employ Third Party Storage To Guarantee Our Customers Holdings

With Our Vaulting Provider at 'Le Freeport' - Malca-Amit Class 'A' Vaulting

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Allocated Metal Accounts involves the secure storage of specific numbered gold, silver, platinum, palladium or rhodium bars or coins, segregated within our vaults at ‘Le Freeport’ of Singapore and held as the property of and in the sole name of the account holder.

- Quarterly statements and vault storage invoices.

- Bespoke online vaulting portal giving you access to your inventory, live performances in 6 currencies, charts and reports.

- Fully Insured by Lloyds of London 

- Independently Audited 

Once the customer has made their order, the metals will be delivered into Le Freeport and we will forward on a "Delivered Inventory-In Report - Customer Copy" which comes directly from our vaulting provider themselves.

Effectively this means our storage clients are 'not' exposed to any credit or insolvency risks arising from the financial or monetary system. In fact they are not exposed even from the bankruptcy of our own company as customer holdings are segregated in their own family name.

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