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Bank of Latvia releases symbolic silver coin

  • 2013-11-13
  • By Rayyan Sabet-Parry, RIGA

The new silver coin

A symbolic silver coin wiill be released on Thursday, Nov. 14 marking the end of an era as Latvia edges closer towards joining the euro.

The Bank of Latvia said the coin, being called '365', puts a symbolic full stop to the era of the renewed lats.

The artist of the coin is Paulis Liepa and features a circle symbolising 360 + 5 degrees.

The coin will be on sale at the Bank of Latvia (at the Cashier's Offices at K. Valdemāra iela 1B in Riga and, starting from Thursday afternoon, at the Liepāja and Daugavpils Branches). Banks, souvenir and jewellery shops will also sell the coin. The price of the coin at the Bank of Latvia's Cashier's Offices is 22.31 lats.

Latvia joins the euro on Jan. 1, 2014 becoming the 18th country do so.