New anniversary coins released into circulation in Azerbaijan
- 24 October 2019
This year is the 100th anniversary of foundation of Baku State University, which was established as the first new style high school in Muslim East and keepsake of the Azerbaijan Democratic Republic.
APA-Economics reports citing Central Bank of Azerbaijan (CBA) that silver anniversary coin, costing AZN 5, has been released in circulation by the CBA in order to immortalize anniversary history.
The weight of the anniversary coin’s 1 troy ounce is 31.1 grams (+0.1 grams), and the diameter is 38.61 millimeters. The anniversary coin has been produced by the British company the Royal Mint based on the Proof technology following international standards.
On the front of the anniversary coin dedicated to the 100th anniversary of Baku State University there is an image of the administrative building of Baku State University, word and signature of the national leader Heydar Aliyev, 8 pointed star, national pattern and ornaments and on the back the national emblem of the Republic of Azerbaijan and the nominal of the currency have been depicted.
The anniversary coin is an official payment method with its nominal value in the territory of the country.