The AMD of the First Republic of Armenia: A Symbol of a Brief Independence

In the annals of numismatics, there are few examples as poignant and emblematic as the AMD banknote issued by the First Republic of Armenia. This currency, rich in symbolism and artistry, stands as a testament to Armenia’s brief period of independence before its incorporation into the Soviet Empire.

Brief Independence: The First Republic of Armenia was established in 1918, amidst the turmoil of World War I and the aftermath of the Ottoman Empire’s collapse. This period, though short-lived, represented a brief glimmer of sovereignty and self-determination for the Armenian people. However, by 1920, external pressures and political upheavals led to its absorption into the Soviet Union, marking the end of the First Republic.

The Unissued AMD: One of the significant endeavors during this brief period of self-governance was the creation of a national currency – the AMD. Designed meticulously to reflect Armenia’s rich cultural and historical heritage, this particular banknote never made it into general circulation. The reasons are manifold but primarily rooted in the geopolitical changes that saw the First Republic’s cessation.

Symbolism on the Note: The design of this banknote is both evocative and meaningful. It prominently features:

  1. An Artsakh Woman: The central image on the note depicts a woman from Artsakh, a historically significant region for the Armenian people. Her portrayal captures the essence of Armenian identity and resilience.
  2. The Winch: Situated behind the woman, the winch represents labor, industry, and the spirit of rebuilding – all vital themes for a nation that had recently witnessed profound upheavals.
  3. Authorship: The design was masterfully crafted by Arshak Fetvachyan, a renowned Armenian artist. His touch adds a layer of authenticity and artistic value to the banknote.

Conclusion: While this AMD banknote from the First Republic of Armenia never achieved its intended purpose as a circulated currency, it remains a profound artifact. It is a window into a fleeting moment of Armenian independence and a symbol of national aspirations, cultural pride, and the enduring hope for sovereignty. This piece of history is not just a testament to economic intentions but is, more importantly, a reflection of a nation’s soul during a pivotal time in its history.

Image Source: Armenians And Armenia

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