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New coin marks Latvia’s 90th anniversary

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The new commemorative 1-lat coin features Latvia’s first coat of arms and a drawing of a boy and girl holding a Latvian flag.

Andris Straumanis

October 09, 2008

A new commemorative coin featuring a stylized drawing of two children holding a national flag has been released by the Bank of Latvia to mark the 90th anniversary of the country’s declaration of independence.

The 1-lat silver proof coin on its front shows Latvia’s first coat of arms, which was designed by Burkards Dzenis (1879-1966), the bank announced in an Oct. 9 press release. On the coin, the red-white-red Latvian flag is presented in color. The coin’s reverse has a drawing of a boy and girl—symbolizing the country’s future—holding a Latvian flag, which also is in color.

The coin was designed by Aigars Bikše.

The coin, which is legal tender but will appeal most likely to collectors, is minted by the Finnish company Rahapaja Oy. Circulation will not exceed 5,000.

Cost of the coin if purchased at the Bank of Latvia is LVL 22.50. It should also be available in souvenir and jewelry shops in Latvia.

Andris Straumanis is editor of Latvians Online.

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