2164) "Miracle Coin", Latvia: Latvijas Banka (Bank of Latvia) has issued a 5 Euro Silver Collector Coin highlighting Imagination and Hope: Date/Year of Coin issue: 22.12.2021:
The Miracle Coin issued by Bank of Latvia on 22.12.2021:
On 22.12.2021 the Bank of Latvia (Latvijas Banka) has issuing a Silver Collector Coin “Miracle Coin“, which invites one to look at the world in the light of imagination, opening up a path to miracles and hope.
The central image of the coin is a beam of light, a bright point growing wider and revealing a new world to the viewer: it emerges as a colourful motif of plants.
It is imagination that even in the darkest night lets one see the extraordinary and spot and find the light in the darkness, the miraculous in the prose of life.
The message of the coin is that the difference between a miracle and everyday life lies in one’s capability to perceive.
An observant person would see a miracle in the smallest of things, while a flowering meadow would become a fairytale kingdom. One just needs a bit of light to crack the darkness of monotony, and this light is imagination.
The central image of the coin is a beam of light, a bright point growing wider and revealing a new world to the viewer: it emerges as a colorful motif of plants.
The world discovered by imagination is Latvia’s wonderful nature.
It is a flowering meadow where we also find two of its inhabitants: the White Hare (Lepus timidus) and the Grey Hare (Lepus europaeus). These creatures symbolize agility, wit, fertility, and magical power.
The coin is like a light, a guiding lantern showing the way, a miracle you can carry in your pocket, reminding one of the power of imagination and hope.
The specifications of the Silver Coin are:
Country of issue: Latvia; Year: 01.12.2021; Coin Theme: "Miracle Coin"; Denomination/Face Value: 5 Euro; Metal Composition: .925 Fineness Silver (Ag); Weight: 28.28 grams; Diameter/Size: 38.61 mm; Coin Quality: Proof (P) – colour print on the Obverse and Reverse & frosting with a changing degree of intensity on the proof surface of the Obverse; Minted By: Koninklijke Nederlandse Munt (The Netherlands) on behalf of the Latvijas Banka; Mintage: 4,000 pieces; Graphic design: Dana Jasinkeviča.
- The Coin titled - "Miracle" is legal tender in the Republic of Latvia, yet the release of such coins into general circulation is highly unlikely, as collector coins are in fact works of art and are in high demand among coin collectors and other interested parties.
Activity of Latvijas Banka regarding the issuance of collector coins and 2 euro commemorative coins:
Since 1993, Latvijas Banka (Bank of Latvia) has issued 98 Lats collector coins and 42 Euro collector coins, with over 50 Latvian artists having participated in designing them.
Latvian coins have received high international recognition and a number of prestigious awards.
The "Coin of Latvia" won the international 2010 "Coin of the Year Award"(COTY) at the contest organised by US Krause Publications and its magazine World Coin News.
In 2015, the Silver Collector Coin "The Baltic Way" was recognised as the "Best Contemporary Event Coin" at this contest, while in 2018, the Collector Coin "National Entrepreneur" was named the "Most Artistic Coin of the Year". At the competition Coin of the Year Awards (COTY) in 2020, the "Honey Coin", Latvijas Banka's collector coin, was announced the world's "Most Artistic Coin" and also the "Coin of the Year".
The Coin Design Commission of Latvijas Banka (the former Commission for the "Thematic Concept of the Banknotes and Coins"), which has been active since 12.11.1993, plays an important role in the coin issuing process. The Commission consists of the employees of Latvijas Banka, outstanding Latvian experts of art and culture as well as artists and scientists.
Afthe the Euro changeover, Latvijas Banka has carried on the tradition of issuing collector coin series with motifs characteristic of Latvia and executed in high artistic quality. These coins are legal tender only in the issuing country.
They are unlikely to come into general circulation, for, by nature, they are works of art enjoying high demand from the numismatic community and other interested parties.
The face value of collector coins must differ from that of coins in general circulation (it must be, e.g. 5 euro or 10 euro). Their specifications, including colour, diameter, weight, material, etc. have to be cardinally distinctive from those of the coins in general circulation.
A unique artistic Coin is brought out every now and then:
The issuance of 2 Euro Commemorative Coins (2 Euro circulation coins of special design) is another area of coin art.
Each year, every Euro Zone Country is entitled to issue two 2 Euro Commemorative Coins (similar to 1 Lats special circulation coins previously issued in Latvia), featuring events of National, European or Global significance. The Euro Zone countries can additionally produce a third 2 euro commemorative coin, provided that it is issued jointly and that it commemorates events of European Union-wide importance.
Commemorative coins bear the same features and the same common or European side as the normal 2 euro circulation coins, while their national sides differ and feature a national commemorating motif.
Euro Commemorative Coins are legal tender throughout the Euro Zone. This means they can be used – and must be accepted – just like any other Euro Coin.
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