2622) "Upward", Latvia: 100th Anniversary of the establishment of Latvian National Central Bank - "Latvijas Banka" (1922-2022): A 5 Euro Silver Coin issued by Latvia and minted by the Lietuvos Monetu Kalykla (Lithuania) celebrates the milestone: Year of Coin issue: 2022:
"Upward":
01.11.2022 marks a centenary since the establishment of Latvijas Banka.
During this period, an independent and competent institution with a long-term vision on monetary policy issues, providing the basis for sustainable development of the state has been created.
The Silver Coin "Upward" is dedicated to the centenary of Latvijas Banka.
"Upward" is a coin inviting and pushing Latvians upward and striving upward itself.
This is a progressive coin highlighting the bank's journey through the past and clearly pointing in its future direction.
It also suggests that the present is this deliberate upward movement.
This coin of steps and times provides evidence of a rich culture and welfare, of the many things Latvia has experienced and how much it has moved forward.
A hundred years have gone by. May there be another hundred, and another, and another! There is no end to the stairs or the journey.
The National Central Bank of Latvia:
Understanding of the National Central Bank and its tasks has changed over the past 100 years.
Some of its functions belong to the past, and new functions have been introduced, as possibilities offered by payment technologies also keep changing.
The primary task of Latvijas Banka remains unchanged - to ensure that the value of our money is retained and that the modern digital format of money also maintains its trustworthiness in public eyes.
A river is never just flowing upstream. It is born of a small stream and is reaching toward the sea or infinity.
The name of the coin also includes an allegory of overcoming gravity. A man also overcomes gravity when climbing upward or else he would never see the mountain top.
When placed on an even surface both the obverse and reverse of the coin display a slanting angle pointed toward the viewer.
The mirror steps featured on the obverse provide a glimpse of the eternal present and also the future which is man himself.
A human life is a journey. The upper step is drenched in light and forms an image of a sunrise marking the upward movement and reaching the sky.
This shape of a rising sun is also a representation of the bank's logotype – the edge of a rising sun – and it resonates with the upward movement that overcomes the force of gravity.
The reverse shines in gold like a precious sun fountain or a serene gold surface of a lake ready to quench our thirst. The gold on the edge of the coin encloses the silver steps opening a new beginning or a further exciting journey into the future.
The Obverse of the 5 Euro Silver Proof Coin features nine steps with a smooth mirror surface set in relief.
The upper step is a gilded segment of a circle bearing an association with the edge of a rising sun and visually resembling the logotype of Latvijas Banka. The year "2022" is placed at the bottom.
The Reverse of the 5 Euro Silver Proof Coin's surface is gilded, frosted. The inscription "LATVIJAS BANKA" is semi-circled along the upper edge, whereas the inscription "5 EURO" is placed at the bottom.
The specifications of the Silver Coin are:
Country: Republic of Latvia (Latvijas Republik); Year: 2022; Denomination: 5 Euro; Coin Theme: "Latvijas Banka - 100"; Metal Composition: .925 Fineness Silver (Ag); Diameter: 35.00 mm; Weight: 36.70 grams; Coin Quality: Proof (P); Edge: Plain & Gilded; Special effects: Colour print on the Obverse, frosted letters and gilding; Maximum mintage: 5,000 pieces; Minted By: UAB Lietuvos monetu kalykla (Lithuania); Graphic Designer: Krista un Reinis Dzudzilo.
Links to posts on Russian, Ukraine, Transnistria Coins, Banknotes and stamps:
Links to other posts on Ukrainian Coins/Banknotes on this Blog:
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8) 1075 years since Princess Olga (890-969 AD), Ukraine: A Silver Proof Coin brought out by the National Bank of Ukraine,minted by the Ukrainian Mint: Year of issue: 2020
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3) 2018 "Federation Internationale de Football Association" (FIFA) World Cup being held in Russia between 14.06.2018 &15.07.2018: Some Coins and stamps issued by Russia, Australia, Hungary, Spain & France to commemorate the Tournament/Championship
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Links to some other posts on Kazakhstan coins on this Blog:
1) Astana, Kazakhstan: 20th Anniversary celebration of the Capital City of Kazakhstan (06.05.1998-06.05.2018): Silver 5000 Tenge Kilo Coin, 500 Tenge Silver Coin and 100 Tenge Cupro-Nickel Coin issued by the National Bank of Kazakhstan on 20.06.2018
Santosh Khanna has commented:
ReplyDelete"Very informative and interesting post. Thanks."
Thank you so much, Khanna sahab.
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