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What is the Ukrainian Archangel? 

The Ukrainian Archangel is the official bullion coin for the nation of Ukraine and is issued by the National Bank of Ukraine. It is issued in silver as a one-ounce coin and in gold as a one-tenth ounce, one-quarter ounce, one-half ounce, and one-ounce coin. It has been produced since 2011, making it one of the newer bullion coins available globally. 

Design of the Ukrainian Archangel Michael Coins 

The Archangel was designed by Oleksandr Kharuk, Serhii Kharuk, and Volodymyr Taran and engraved by Sviatoslav Ivanenko and Roman Chaikovskyi. 

The obverse of the Archangel Michael depicts the Ukrainian coat of arms inside an octagon with an inscription reading National Bank of Ukraine in Ukrainian. The obverse also features a small emblem of the bank, the denomination and year of issue, as well as the metal, its fineness, and weight below the coat of arms.  

The reverse of the Ukrainian Archangel Michael coin features the Taxiarch (brigadier) Archangel Michael. He is shown ready for battle, wearing full Roman armor, and wielding a drawn sword. Around the rim of the reverse is an inscription in Ukrainian that translates to FOR US AND THE SOULS OF RIGHTEOUS MEN and ACHISTRATEGOS MICHAEL’S STRENGTH. 

Face Value of the Ukrainian Archangel 

The Ukrainian currency has been the hryvnia since 1996. The word is considered to come from the Slavic griva, which roughly means mane. Since it is related to the Serbian and Bulgarian word grivna, or bracelet, it possibly indicated something silver or gold to be worn around the neck. The currency symbol used for the Hryvnia is the cursive letter He (г), which is used with a double horizontal stroke to symbolize stability like the yen and Chinese yuan, Euro, and Indian Rupee.

Metal Weight in Troy Ounces Face Value 
Silver 1 Ounce 1 Hryvnia 
Gold 1/10 Ounce 2 Hryvnia 
Gold ¼ Ounce 5 Hryvnia 
Gold ½ Ounce 10 Hryvnia 
Gold 1 Ounce 20 Hryvnia 

Investing in the Ukrainian Archangel 

While the silver and gold Ukrainian Archangel Michael coins may be .9999 fine, investors are often attracted to the low mintage of these coins. The Ukrainian bullion coin is issued in even lower mintages than the Mexican Libertad

Ukrainian Archangel Mintages

Year Silver Gold Gold Gold Gold 
  1 Ounce 1/10 Ounce ¼ Ounce ½ Ounce 1 Ounce 
2011 10,000   3,000   1,500 
2012 20,000 8,000 3,500 3,700 5,900 
2013 24,500 6,600 5,300 4,500 4,000 
2014 24,705 5,000 3,800 3,800 6,400 
2015 26,990 7,500 7,500 3,000 3,000 
2016 20,000 2,000 2,000 10,000 10,000 
2017 30,000         
2018 40,000       1,500 
2019 25,000         
2020 31,000         
2021 20,000       2,500 
2022 10,000         

Disruptions Caused by the Russian Conflict 

The Russian conflict in Ukraine has had an impact on the Ukrainian Archangel Michael bullion coins, making them more difficult to obtain. 

Saint Michael and Ukraine 

Saint Michael the Archangel is the patron saint of the city of Kyiv, the capital of Ukraine. Saint Michael came to Kyiv from Byzantium. He was originally the patron saint of princes and soldiers from Kyiv, but over time, he has come to represent the city. 

In the 16th century, Saint Michael was first found on the Kyiv coat of arms. Ever since, he has held a symbolic representation of the Ukrainian national identity, as you may surmise from exploring the city of Kyiv. 

There is a gold and bronze statue of the archangel with a sword and shield in the city’s center above the Liadsky Gate in Independence Square.  

Saint Michael prominently stands atop a hill next to the Dnieper River at the Golden Monastery of Saint Michael the Archangel. The Italian Basilica of Saint Michael the Archangel in Monte Sant’Angelo and Golden Monastery in Kyiv are linked in intercessory prayer for the people of Kyiv and all earthly nations. 

Quick Guides to Investing

Step 1:

Why Buy Physical Gold and Silver?

If you are concerned about the volatility of the stock market, you’re not alone. The extreme highs and lows of the stock market often lead investors towards safe-haven assets, like bullion. Historically, the Precious Metals market has an inverse relationship with the stock market, meaning that when stocks are up, bullion is down and vice versa.

Step 2:

How Much Gold and Silver Should You Have?

This question is one of the most important for investors to answer. After all, experts suggest limits on how much of any types of investments should go into a portfolio. After deciding to purchase and own Precious Metals and considering how much money to allocate, one can then think about how much and what to buy at any point in time.

Step 3:

Which Precious Metals Should I Buy?

With the frequent changes in the market and countless Precious Metal products available, choosing investments can be difficult. Some want Gold or Silver coins, rounds or bars while others want products that are valuable because of their design, mintage or other collectible qualities. Also, collectors may shop for unique sets and individual pieces for their collections.

Step 4:

When to Buy Gold & Silver

After considering why, how much, and what Precious Metals products to buy, an investor’s next step is when to buy them. This decision requires an understanding of market trends and the impact of economic factors on precious metal prices.

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