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This 10 dram note of 2004 was issued by the Ministry of Finance of the Nagorno-Karabakh Republic, which never gained international recognition, and is devoted to the Christian shrines and crafts of the region. The Karabakh dram was set at par with the Armenian dram and was legal tender, though it was rarely seen in everyday payments. The notes were printed in Austria and lost their validity on 1 January 2024, when the republic was dissolved; the Pick catalogue lists the type as P902.
The front shows the coat of arms of the NKR, an image of Jesus Christ holding the Gospels with his hand raised in blessing, and Dadivank monastery. Traditionally said to have been founded by Saint Dadi, a disciple of the Apostle Thaddeus, and named after him, the monastery was built between the 9th and 13th centuries; its main church of the Holy Mother of God dates from 1214.
The back features the ancient arched Khudafarin bridge over the Aras, a wine barrel with a bunch of grapes and a Karabakh carpet, bringing architecture, winegrowing and carpet weaving together in one composition.
The note belongs in a collection of unrecognised states and in thematic sets on religion, bridges and monasteries; the 2 dram note of the same year makes a natural pair. UNC condition means the note has never circulated: no folds, no wear, no soiling, even corners — just as it left the press.
The VPcoins catalogue includes both modern polymer issues and banknotes of past eras.