ArmInfo. The Central Bank of Armenia did not spend any dram on the issue of <Noah's Ark> investment coins. Chairman of the Central Bank of Armenia Artur Javadyan stated this from the rostrum of the National Assembly on June 4.
"I would like to dispel the impression that the Central Bank dealt with offshore companies," said the Central Bank chairman, stressing that the issue of <Noah's Ark> investment coins was agreed with the German government, at the decision of which the Liechtenstein company was involved in the distribution of coins.
Javadyan also stressed that the moments were released at the expense of the German side. In this regard, he noted that a large number of them were turning around the world, and about 7 million copies had already been sold. "Having spent nothing, we received royalties in the amount of 464 thousand euros and the opportunity to show a million people the connection between Armenia and Mount Ararat and Noah's ark," he said.
To recall, "Noah's Ark" is the first investment coin issued by the Central Bank of the Republic of Armenia. The coin is a legal tender on the territory of the Republic of Armenia. The Central Bank of the Republic of Armenia granted the German company GEIGER EDELMETALLE GmbH the right to stamp, advertise, distribute and sell the silver investment coin "Noah's Ark". GEIGER EDELMETALLE GmbH is engaged in the extraction of precious metals, has production facilities for the minting of gold, silver, platinum ingots of different weights, is one of the leading companies in the international market for the sale of products made of precious metals. "Noah's Ark" silver investment coin is made of 999 fineness silver. It is produced annually weighing 1/4, 1/2, 1, 5, 10 troy ounces, as well as 1 and 5 kilograms with the designation of the year of manufacture.