Created on 22.07.2011

The Bank of Latvia has issued a new 1-lats collector coin "Riga Cathedral". The coin has been designed by Kristaps Ģelzis and modelled by Ligita Franckeviča.

The Bank of Latvia collector coins are miniature art works dedicated to Latvian treasures: events, achievements, people, and nation's cultural values. 25 July 2011 marks the 800th anniversary of the date when a cornerstone of the Riga Cathedral, a Latvian holy place and sign of God's presence in this country, was laid. Assembling people, the Riga Cathedral has always pointed at the transcendent that stands above us all, above the times and the changes they bring. The Riga Cathedral has served this purpose with the help of both music and other arts, lifting people out of the quotidian.

Today the Riga Cathedral is the home of the Latvian Evangelical Lutheran Church where the most important services take place. Its spiritual life is formed and fostered by the Riga Cathedral's congregation. The Cathedral is a place where, independent of creed or other affiliation, any seeker is welcome.

The coin issue celebration will be held at the Riga Cathedral on 25 July, its birthday, introducing the events dedicated to the anniversary. Elijs Godiņš, Dean of the Riga Cathedral, Ilmārs Rimšēvičs, Governor of the Bank of Latvia, Kristaps Ģelzis, author of the coin, Ronalds Lūsis, Riga Cathedral Renovation Manager, and Professor Ojārs Spārītis will be present at the ceremony. (Media representatives interested in participation in this event are kindly asked to contact us via the telephone numbers indicated below.)

The silver 1-lats coin "Riga Cathedral" is legal tender in the Republic of Latvia. The maximum mintage of the coin is limited to 5,000. The coin dedicated to Riga Cathedral will be on sale at the Bank of Latvia, Riga Cathedral and such traditional points of coin sale as banks and souvenir and jewellery shops. The price of the coin at the Bank of Latvia's cashier offices is 29.10 lats. Please find enclosed the coin description in the appendix (Page 2).

Information for editors
Money in form, collector coins are in fact works of art. They are usually made of gold, silver or other precious metals of especially high fineness. As opposed to currency in general circulation, collector coins collector coins are not intended to be used as a means of payment, but as a gift, souvenir or collector's item. Consequently, the price of collector coins is considerably higher than their nominal value.
Since the re-introduction of the lats, the Bank of Latvia has already issued 83 collector coins, of which more than 10 have won awards at the most prestigious international coin design fairs and competitions.