What can you buy with 500 Dram?

in steemsilvergold •  7 years ago 

Today we are sharing our 2016 Noah's Ark 1 oz t 999 fine Silver coin. it has been minted annually since 2011 and it is an Armenia government issued coin with a face value of 500 Dram.

This was always a favorite story for both of us and we really liked the design.
Starting with the reverse: the coin has an great image of the ark floating in the receding waters by Mt. Arat with a Dove and an olive branch and says Noahs Ark in English and Armenian
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The Obverse shows the Armenia coat of arms, 500 drams (the country's official currency), the year of mintage, 999 Fine silver silver 1 troy ounce. Engraved along the edge is the state title of Armenia in both English and the ancient Armenian script.
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Being Americans we often do not get much exposure to smaller countries and their culture, coins are a great way to learn about the history of a country. The Republic of Armenia is located in the mountainous landscape at the crossroads of Europe and Asia. For most of the countries history Christianity has been (and still is) the heart to Armenia's cultural heritage. This small country was founded by Thaddeus and Bartholomew who were two of Jesus' apostles,, according to local lore. It is recorded that in 301 A.D. Armenia became the first country in the world to adopt Christianity and make it the official religion. Mount Ararat, is said Noah's Ark came to rest after the Great Flood ( as told in Genesis 7 and 8), is located in Armenia, this gives the country very tight ties to the Old Testament scene as depicted on this beautiful coin.

After a quick google search we learned that 500 Dram equals $1.03 USD Currently so although 500 Dram sounds like a lot more than a Dollar they can buy exactly the same amount of items. This coin is obviously worth the spot price of silver(Currently $16.58) and the small government premium plus the numismatic value, if you want to buy one they are currently available on Ebay for $32.99 https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m570.l1313.TR0.TRC0.H0.X500+dram+noahs+ark+2016.TRS0&_nkw=500+dram+noahs+ark+2016&_sacat=0

Now that we know a little more about the coin and had to trash our dreams of all the shopping we could do with 500 Drams
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http://hader-mccarthy-wiig-schumer.tumblr.com/post/139585666004
This made us ask WHAT YOU CAN BUY FOR $1 AROUND THE WORLD?
Here is a cool list of food- Dubai has sharma for a $1! check out the rest, very interesting that in Canada you can get a head of lettuce.
https://brightside.me/wonder-curiosities/what-1-dollar-will-buy-you-around-the-world-386510/

Here is a link to the provident knowledge center, https://www.providentmetals.com/knowledge-center/armenian-noahs-ark-silver-coin.html

We noticed a mistake on the website, so the first one to comment below what is wrong we will send you aprox 0.32679738562091504 SBD (the conversion to us one dollar)so you can buy something with a dollar! It would be awesome if you post what you can buy with it where you live!

Thanks for Reading and Happy Stacking!
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Wow this is a good information

Thank You!

i was going to say nuttin and it might buy me a stick of gum, not even a soda unless i got to Walmarts LOL

You can always go wild at the dollar store! Glow sticks, balloons and movie size candy lol well that is what we buy it keeps the kids entertianed

not here, it says dollar store and its always over !! ahhaha ove also lived in the priciest states.

I always love to hear the story and the History behind the coins, as you do. With $1 I can buy two diet cokes in the market, in Brazil.

Wow good deal! only 1 can for that here look at all the interesting things we can learn with money!

I never thought of that! "discovering coins are a great way to learn about new cultures" Interesting perspective

Great share my friend @dixiesilverminer

It is great with kids, learning is always more fun hands on, we do a lot of coin roll hunting and finding a world coin is the best! They learn value of money and some history win win

Thank you for your continued support of SteemSilverGold

Armenia has a really cool coat of arms, great piece!

Oh, Oh... I got it. The date of minting isn't on the obverse, but on the reverse. Thanks for sharing @dixiesilverminer. Actually it looks like the descriptions are swapped.

You got it! Sloppy proofreading on their part, lol. That $1 will be headed your way soon (visiting the baby right now)

Wooohooo! No hurries and congrats on the little one. I'll make a post of what I can get with a dollar. It might surprise some people.

Very cool! It is crazy how different it is from one area to another

It is sent now you can now go on your shopping spree
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thank you!!

Good post! I love that coin and its history too. I can leave a tip for a cold beer with $1 in Vancouver, but haven’t seen any cheap lettuce 😜👍

Thank you!! Lettuce isn't that cheap here either, but a buck is a nice tip!

I’mma classy pirate 😜👍⛓⚓️☠️

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