In Press Releases

Degussa, Europe’s Leading Gold Bar and Precious Metals Retailer,
Brings in the Noah’s Ark Investment Grade Silver Coin to Singapore – Creating an Awareness of Ancient History

Singapore, 21 October, 2016 – Degussa Goldhandel GmbH, one of the world’s largest bullion dealers, has started the sale of the Noah’s Ark Silver Coin. The coin is the first investment grade bullion issued by the Central Bank of Armenia. The coins, each 1 oz, are legal tender in the Republic of Armenia.

The design of the coin’s reverse depicts a dove in flight with an olive branch and Noah’s Ark floating on floodwaters in front of Mount Ararat and the rising sun.

The story of Noah’s Ark and the Great Flood is well recognised around the world. Noah’s Ark is the most meaningful symbol in Armenian history. The coin is aimed at creating an awareness of ancient history and cultural values of Armenia. The investment coin is made of 999 Silver.

The coin’s obverse depicts the Armenian Coat of Arms, face value of the coin in Armenian Dram, inscription of “Republic of Armenia” in Armenian and English, the purity, the weight and the year of issue of the coin.

The 1 oz Armenian Noah’s Ark Silver Coin is free from Goods and Services Tax (GST) in Singapore.

For more information about the coin, 
visit the Degussa Singapore Branch at 22 Orchard Road or shop.degussa-pm.sg