Latvia to release Ukrainian freedom coin

Latvijas Banka, the Latvian central bank, will issue a coin dedicated to Ukraine's fight for freedom, it said December 12.

On Thursday, December 15, Latvijas Banka is issuing a silver collector coin dedicated to the freedom of Ukraine. The coin is not only of a symbolic, but also of a practical significance. With the help of the coin, Latvijas Banka will make donations to support Ukraine; the proceeds gained from each coin it sells will be donated to Ukraine.

The designer of the collector coin "For the Freedom of Ukraine" is Ukrainian artist Sergiy Maidukov. The artist has chosen to focus the coin's perspective on one single word – ВОЛЯ – that has multiple meanings in his native tongue: FREEDOM; WILL; POWER. The creator of the plaster model is Ligita Franckeviča.

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The competition for the graphic design of the coin "For the Freedom of Ukraine" was unique in that upon Latvijas Banka's invitation it gathered five acknowledged artists from Ukraine – Kateryna Bielobrova, Nikita Kadan, Sergiy Maidukov, Roman Minin and Anna Zvyagintseva.

From 16 December, the works of all artists will be displayed in the lobby of the main building of Latvijas Banka (K. Valdemāra iela 2A, Riga) where anyone interested will have an opportunity to view them.

"During the first days of the war, very few people believed that Ukrainians would manage to stop the overwhelming superiority of Russian troops and just in a couple of months force the Russian occupants to abandon the conquered positions. Ukrainians continue their fight without any doubt that the future will bring a day when they succeed in reclaiming their land. Watching the war on our TV screens, we, the friends of Ukraine, particularly appreciate how grateful we can be for the opportunity to live in peace. However, it also involves responsibility to help Ukraine and its people. This coin tells us about freedom, perseverance and faith. Of faith in the efforts of ourselves and our friends," said Mārtiņš Kazāks, Governor of Latvijas Banka.

The collector coin will be available for purchase only on the website from 12.00 on 15 December. The price of each coin is 75.50 euro; the purchase limit for one buyer will be 5 coins. 8,000 examples will be struck.

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