Collector coin lauds the Latvian entrepreneur

Take note – story published 7 years and 9 months ago

The Latvian Central Bank (LB) has released details of its latest special edition coin - this time dedicated to entrepreneurs, so hopefully they will make a tidy profit by producing and selling it.

The striking-looking creation (made in Lithuania) comes complete with a QR-code, encouraging people to break the traditional taboo about photographing currency for fear of counterfeiting.

However, LB's own prose on the concept and philosophy of the coin is worth reproducing:

"The obverse of the coin incorporates a QR code carrying a message for the coming generation of entrepreneurs, which reads: "WORK WITH COURAGE, DETERMINATION AND RESPONSIBILITY!". The reverse of the coin features 25 raised facets symbolising the years dedicated to entrepreneurship.

"The coin's obverse is smooth and represents the extensive area of work that the future generations have to populate with their values.

"The economic stability of the country is a guarantee of the prosperity of its inhabitants, and the foundation for this was the work of those entrepreneurial, courageous and responsible people who began to establish businesses right after Latvia regained its independence, who managed them through the twists and turns of economic development and who now can proudly look back on what they have achieved.

"National entrepreneurs are building an enterprising state; they are boosting the hopes of the Latvian people for a better future inside and outside Latvia. This special collector coin, which shines as a jewel, is a dedication to their endeavor, showing how important the national entrepreneur is to Latvia."

If that isn't worth 5 euros of legal tender, what is?

The coin will be on sale at Latvijas Banka Cashier's Offices in Riga and Liepaja as of 13 September. Its price is €67.

"Euro commemorative coins are legal tender throughout the euro area. That means they can be used – and must be accepted – just like any other euro coin," LB reminds everyone at the end of its information release.

However, using this coin to buy a ham sandwich at some remote Pyreneean cafe might prove challenging, we suspect.

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