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Bank of Latvia Issues New Porcelain 5 Euro Silver Coin


By Bank of Latvia ….
On Tuesday, 9 August, the Bank of Latvia (Latvijas Banka) issued a five-euro silver collector coin of a unique shape. The coin is dedicated to “Baltars”, the workshop of fine china and faience painting and the pride of Latvian national culture, and has been designed by reproducing the image of the porcelain plate “Dance” (as created by Romans Suta in 1927) in the shape of a plate.

The graphic design of the collector coin, which is a miniature work of art created by artist Frančeska Kirke (who is also the author of the commemorative one-lats horseshoe coin and the “Basketball” collector coin).

The coin “Baltars Porcelain” has been minted by UAB Lietuvos monetų kalykla (Lithuanian Mint). The graphic mark of “Baltars” is depicted on one side of the coin; the other side features the reproduction of the plate “Dance” by Romans Suta (1927). The coin has been struck in the shape of a flat plate.

One of the greatest art treasures in the Latvian Cultural Canon is the impressive achievements of “Baltars”, the workshop where fine china was artistically painted in the 1920s. “Baltars” resulted from the idea of the Latvian painter, graphic artist and composition virtuoso Romans Suta (1896–1944) to create a cultural milieu corresponding to the era of modernism and its language of form. His intent mostly focused on interior design and applied arts where decorative ceramics was supposed to work as a peculiar accent of functionalist and constructivist aesthetics and ideology.

The masterpieces of decorative art made at “Baltars” matched the quality of the highest achievements of Art Deco and have become the pride of Latvian national culture. Latvijas Banka honours their cultural and historical significance by issuing a collector coin dedicated to “Baltars”.

The collector coin “Baltars Porcelain” is legal tender in the Republic of Latvia, yet the release of such coins in circulation is highly unlikely, as they are in fact works of art and are in special demand among coin collectors and other interested parties. The maximum mintage of the coin is limited to 5,000.

The price of the coin at Latvijas Banka Cashier’s Offices is 53 euro. Beginning with 9 August the coin is on sale at Latvian Bank Cashier’s Offices (K. Valdemāra iela 1B in Riga and Teātra iela 3 in Liepāja).

It can also be reserved via the collector coin and other numismatic product online reservation service under the Banknotes and Coins Section of the Bank of Latvia’s website www.bank.lv. The first and foremost advantage of the service is an opportunity for clients to buy new collector coins and different numismatic products offered online by the Bank of Latvia at the most convenient time for them and without queuing up. It is most likely to suit the needs of customers, e.g. from regions, who are busy on the initial days of launching a new coin or cannot visit the Cashier’s Offices due to other reasons.

The coin is also available at such traditional points of sale as coin shops, book stores and souvenir and jewelry shops. Collector coins and other numismatic products issued by the Bank of Latvia are for sale also online from the JSC “Latvijas Pasts”.

Information about the collector coins currently on sale at bank Cashier’s Offices is available at https://monetas.bank.lv/en/coins-for-sale. It shows that a vast range of thematically and artistically diverse collector and commemorative coins are still available.


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