Thanks for the I.D. guys! No wonder I couldn't find it. My book doesn't even list Armenian coins! You always wonder how a coin like this can get lost on a beach in San Diego. I didn't realize we were a hot spot for Armenian tourists!
When I looked up the currency exchange, it said that $1 equaled 408 dram. That would make a 500 dram coin worth about $1.18 or so. Is there numismatic value to this coin?