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Nagorno Karabakh - 2 and 10 Dram 2004 - Specimen - UNC

Description

This analysis focuses on the visual characteristics and features of two banknotes: the 2 and 10 drams issued in 2004. Each note displays a unique blend of artistic and security elements that reflect the heritage of the issuing country. The front of the 2 dram note features historic architecture and an impressive figure wearing traditional attire, encapsulated in a harmonious color gradient of pink and cream. The 10 dram note showcases another architectural motif, enhanced by an image of a notable historical figure, with a cool palette dominated by greens and blues. These banknotes not only serve their financial purpose but also act as a canvas that depicts cultural narratives.


Obverse (front)
The 2 dram banknote presents an artistic portrayal of religious architecture alongside a dignified figure, likely representing a historical or cultural leader. The background is a blend of intricate patterns and light colors, primarily shades of pink and cream, which creates a soft visual appeal. Key security features include a watermark and microprinting that are subtle yet effective. The number '2' prominently displayed in the top right corner ensures easy recognition. Overall, this note beautifully merges aesthetics and functionality.

Reverse (back)
On the reverse side of the 10 dram note, there is a depiction of a different historical figure, possibly a religious leader, complemented by another architectural landmark typical of regional heritage. The use of cool shades of green enhances the visual intrigue, while intricate patterns fill the background, ensuring the note is difficult to counterfeit. Security measures on this note may include holographic elements and specialized inks that reveal hidden patterns under UV light. The combination of imagery and security features reflects a commitment to both art and security.

SPECIMEN: Demonstration banknote used by banks and printers, marked with "SPECIMEN." Never circulated, often in pristine condition, making it highly collectible.

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Ends on: 28/03/2026 15:00 (CET)
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Start bid
€ 10
Estimated
€ 35  —  € 50
Minimum bid
€ 10
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Ends on: 28/03/2026 15:00 (CET)
Start bid
€ 10
Estimated
€ 35  —  € 50
Sold for
€ 0
Minimum price was not reached
0 Bids
Date
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Specifications
Auction
E - Auction # 21 / World Banknotes / March
Main categorie
Banknotes
Country
Nagorno-Karabakh
Year
2004

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All auction information

Our auction presents an extensive and highly diverse offering that will certainly appeal to collectors and enthusiasts alike.

You will find a range of interesting propaganda banknotes, each with its own historical background and character. In addition, we offer a broad and varied selection from the former Yugoslavia, including many attractive and hard-to-find issues.

For the specialized collector, there is also a large number of replacement banknotes, as well as a fine selection of color trials from Iceland — pieces that rarely appear on the market and can be a valuable addition to an advanced collection.

In short, something for everyone: from historical issues to rare trial prints and specialized collector’s items.

We wish you great pleasure in exploring this auction and hope you will discover exceptional pieces to enrich your collection!

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A buyer's premium of 15% (min. €5) will be added to the hammer price.

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Closing
SPECIMEN