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Recognized only by Abkhazia,
South Ossetia and
Transnistria
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individual. As such, no recognition or support for any group is implied or
intended. We attempt to provide a fair and balanced description of each
section without regard to political bias.
It is our goal to display all banknotes issued by all entities because
they are collectible, not to support any particular political point of
view. If you feel we have not met this
standard on a particular section, please write us with your comments.
This site is not affiliated with the United Nations or any other political
organization. It is our choice as to which banknotes are displayed.
We are members of the following collector organizations: International Bank Note Society, American Numismatic
Society, Latin American Bank Note Society and the Haitian
Numismatic Society.
Nagorno-Karabakh(NKR) liberation movement to separate
from Azerbaijan and re-establish its historical ties with Armenia began in
1998.
On February 20, 1988, "Artsakh Revival Day" The Nagorno-Karabakh
Autonomous Republic submitted a petition to the Supreme Council of the
USSR to secede from the Azerbaijan Soviet Socialist Republic and transfer
to the Armenia Soviet Socialist Republic.
In an attempt to further this process, the above banknotes were prepared
as souvenir issues. Even with this approach there has been a great deal of
controversy about them (see link below).
Azerbaijan has not accepted any change in status, even objecting to the
souvenir notes as they indicate a sign of independence. They have been
accused by Nagorno-Karabakh of genocide and the US Congress adopted a
resolution in August 1992 condemning the actions of Azerbaijan and cutting
off assistance.
A cease fire was signed on May 5, 1994 and NKR is now a defacto
independent state with local election occurring in September 1998 and a
transition to a free market economy has begun. |
