Coin Ukraine 2017 #b1 Bullion coin

Description

Ukrainian bullion coins are gold and silver coins that have a fineness of 999.9, and are used for investment and as a store of value.

Such coins classified as investment metals. The face value of bullion coins is considerably lower than the value of the precious metals they are made of.

Obverse: above there is the Small Coat of Arms of Ukraine with the semicircular inscription НАЦІОНАЛЬНИЙ БАНК УКРАЇНИ (National Bank of Ukraine), in the coin center, within the octagonal cartouche, there is depicted a shield with the emblem of the National Bank of Ukraine thereon – allegorical figures of griffins with the hryvnia (monetary-weight unit of Kyivan Rus) placed between them. This emblem symbolizes safeguarding and augmentation of the country`s gold reserves. On the coin obverse there are indicated the coin face value, coin issue year, as well as the indications of the metal and its fineness and coin weight in fineness.

Reverse: there is depicted the Taxiarch Archangel Michael (Orthodoxy accords him the title `Archistrategos`), one of the most honorable Bible characters well-known for winning a victory over evil and being a patron of warriors, the sick and the suffering; there is a circular inscription: …ЗА НАС І ДУШІ ПРАВЕДНИХ, І СИЛА АРХІСТРАТИГА МИХАЇЛА/ FOR US AND SOLES OF RIGHTEOUS MEN, AND ARCHISTRATEGOS MICHAEL`S STRENGTH (lines from T. Shevchenko`s `Haydamaks`).