The Honey Coin was awarded the first prize in the competition for the best design of an innovative collector coin, has been voted Latvia's Coin of the Year 2018 in the traditional public vote. More than 9000 votes in total were received, with over 2700 giving preference to the Honey Coin.
"Honey has a special role in Latvia. Together with the diligent honey bees it is widely present in our folk songs; it is an important food, traditional medicine and cosmetics product.
Citizens, who are as busy as bees in their day-to-day lives, fill their country like bees fill a hive.
Therefore, the Honey Coin is a symbol of diligence and sweetness of work. The bees also have a significant role to play in maintaining the biological diversity, and their presence is an indicator of nature's healthiness," said the central bank.
The Honey Coin featuring honeycomb cells is quite an unusual silver collector coin plated with gold. Honeycomb cells form a rough outline of the geographic contour of Latvia and the Gulf of Riga. Various types of frosting are applied to achieve this effect. The shape of the coin is unique: several coins can be placed side by side like pieces of a puzzle to build up an even larger honeycomb the same way as bees do it in their hive. The coin was struck by UAB Lietuvos monetų kalykla (Lithuania).
Six collector coins dedicated to Latvian culture, history and people were issued in 2018: "My Latvia", "Honey Coin", "The Garden of Destiny”, "Curonian Kings", "Coats of Arms Coin" and "Gold Brooches. Bubble Fibula".
Since 1993, Latvijas Banka has issued 98 lats collector coins and 32 euro collector coins.