Latvian central bank issues 'Modernist' collector coin

The Latvian central bank, (Latvijas banka, LB) has released another collector coin to pique the interest of numismatists everywhere. This one is square-ish and dedicated to the theme of Modernist art in Latvia in the 1960s, known as the period of the Thaw, associated with the political developments of that time.

"The Thaw brought about hope for a higher degree of freedom and well-being; and culture and art also saw an opportunity of a relative revolution. Art forms created by the free-thinking artists flourished, therefore closer ideological control was retained over fine arts, while decorative and applied art and design segment could breathe and develop more freely. Hence, it was the design and architecture where modernism could thrive," said the central bank in its publicity material.

"To show the characteristic trends of the above period, the coin features graphic elements from the works of some well-known authors of that time: architect Marta Zigrīda Staņa and artists Zina Ulste, Gunārs Kirke and Uldis Razums.  The different graphic means of expression demonstrate the unifying phenomenon of modernism stylistics."

Starting from 12.00 (noon) on 6 October, the new 5 euro coin will be on sale online via, Latvijas Banka's website for purchases of collector coins and other numismatic products. The price of the coin via is 56.00 euro; the purchase limit for one buyer will be 4 coins. Only 3,000 will be produced. The coin has been struck by UAB Lietuvos monetų kalykla (Lithuania).



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