5 lats coin

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𝓛︁𝓼 5
Latvian lats
Mass25[1] g
Diameter37[1] mm
EdgeInscription "DIEVS SVĒTĪ LATVIJU" (God bless Latvia) with words separated by three six point stars
Composition0.8350 silver, 0.165 copper[1]
Silver0.6711[1] troy oz
Years of minting1929 (1929)–1932 (1932)[1]
Obverse
DesignThe large Coat of arms of Latvia. Denomination and year of issue inscription PIECI LATI (five lats)
DesignerRihards Zariņš
Reverse
DesignMaiden in stylized folk costume with ears of grain over her shoulder. Inscription LATVIJAS REPUBLIKA (Republic of Latvia)
DesignerRihards Zariņš

5 lats coin was a

Latvian 1 and 2 euro coins. The reverse design was featured on the Ls 500 banknote and in watermarks
of all lats banknotes.

History

Zelma Brauere, the model depicted on the coin

In February 1929, the Latvian Ministry of Finance decided to issue a ℒ︁𝓈 5 circulation coin depicting the head of a maiden, which would symbolize the Republic of Latvia and freedom.[2] The coin was designed by Rihards Zariņš. The image of the maiden on the coin is colloquially known as Milda (a Latvian female name). The model was Zelma Brauere (1900-1977), a proofreader of the State Securities Printing House. She served as a model for other works of the artist, including the ℒ︁𝓈 10 and ℒ︁𝓈 20 banknotes and the 50s coin.

In 1939, the Latvian government prepared to mint new ℒ︁𝓈 5 coins to be issued in 1941. The Latvian maiden was to be replaced by a portrait of the authoritarian leader of Latvia, Kārlis Ulmanis. Those coins were never minted as the Second World War broke out.[3]

After the

DEM[2] Around the same time the Soviet Bank started purchasing gold and silver coins of historical currencies. The ℒ︁𝓈 5 coin could be sold for 60 kopeks.[4]

Modern usage

The image of the maiden featured on the reverse of the coin was used in the design of the modern Ls 500 banknote.[4] It is also used as a watermark for all lats banknotes.

Commemorative

The

Bank of Latvia has issued two collector coins featuring the imagery of the ℒ︁𝓈 5 coin. The first was struck in 2003 as part of the international series The Smallest Gold Coins of the World.[5][6] The second was struck in 2012 to commemorate the 90th anniversary of the bank. The Bank of Latvia worked with the British Royal Mint, which minted the original coins, to recreate the coin using electrotypes used in minting the original coins.[7]

Latvian Euro coins

In 2004, after a nationwide idea contest, the design was selected for the national side of Latvian Euro coins, and approved as a design for both the 1 and 2 Euro coins issued by Latvia.[8] The edge of the 2 Euro coin features an inscription similar to the one on the edge of the 5 lats coin.[9]

Gallery

  • Obverse of the modern Ls 500 banknote
    Obverse of the modern Ls 500 banknote
  • Reverse of the gold commemorative coin
    Reverse of the gold commemorative coin
  • Obverse of the gold commemorative coin
    Obverse of the gold commemorative coin
  • Reverse of the silver commemorative coin
    Reverse of the silver commemorative coin
  • Obverse of the silver commemorative coin
    Obverse of the silver commemorative coin
  • The national side of the 1 Euro coin issued by Latvia
    The national side of the 1 Euro coin issued by Latvia
  • The national side of the 2 Euro coin issued by Latvia
    The national side of the 2 Euro coin issued by Latvia

See also

References

  1. ^ a b c d e "Latvia 5 Lati: 1929-1931". Retrieved 4 March 2013.
  2. ^ a b Stradiņš, Jānis. "Pieclatu "Mildas" trešā atdzimšana" (in Latvian). Archived from the original on 2013-04-03. Retrieved 4 March 2013.
  3. ^ "Atrasts unikāls pieclatnieks ar Kārli Ulmani" (in Latvian). Delfi. 5 September 2012. Retrieved 4 March 2013.
  4. ^ .
  5. ^ "Pasaules mazākās zelta monētas" (in Latvian). Archived from the original on 10 March 2013. Retrieved 4 March 2013.
  6. ^ "5-lats Collector Coin". Archived from the original on 4 November 2012. Retrieved 4 March 2013.
  7. ^ "5-lats Silver Collector Coin". Archived from the original on 4 November 2012. Retrieved 4 March 2013.
  8. ^ "The Design Models of the Latvian Euro Coins". Archived from the original on 27 June 2013. Retrieved 4 March 2013.
  9. ^ "Latvian Euro Coins". Retrieved 4 March 2013.

External links