On november 6th the Bank of Latvia will issue a new special 1 lats circulation coin, the Parity Coin, featuring the exchange rate of the lats to the euro on the reverse. This coin will be put into circulation like any other circulation money. It will be legal tender until the end of the year, to afterwards serve as a tangible proof, preserved in metal, of the exchange rate at the moment of the euro adoption.
SPECIFICATIONS
Composition: CuNi
Diameter: 21.75 mm
Weight: 4.80 g
Edge: inscriptions
Mint: Münze Österreich (Austria)
Artists: Ilmars Blumbergs (graphic design) and Janis Strupulis (plaster model)
(news from Andrejs Pimejenko)
LINK: Bank of Latvia
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