lv
Created on 10.01.2012

The Bank of Latvia has issued Stone Coin, a new 1-lats collector coin. The coin has been designed by Laimonis Šēnbergs and modelled by Jānis Strupulis.

The Bank of Latvia collector coins are miniature works of art dedicated to the Latvian treasures: events, achievements, people, and the nation's cultural values. For Latvians, stone is a solid symbol of material and non-material culture, and its applications and combinations in the Latvian language – boulder stone, foundation stone, grindstone, sacrificial stone, and secular stone – are numerous. Now, thanks to the designer's idea and painstaking efforts of the mint, coin stone has emerged to be featured on Stone Coin where silver and granite merge into an authentic work of art. In the silvery band that encircles the coin's obverse the word LATVIJA glitters in the style of Latvian ornaments. The granite core of the coin and the rays of the rising sun are the symbols of vitality and profoundness.

The silver and granite 1-lats collector Stone Coin is legal tender in the Republic of Latvia. The maximum mintage of the coin is limited to 7 000. The coin will be on sale at the Bank of Latvia and such traditional points of collector coin sale as banks and souvenir and jewellery shops. Its price at the Bank of Latvia cashier's offices is 33.20 lats. 

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 are usually 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 issued 86 collector coins, of which many have won awards at the most prestigious international events of coin design art.