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Monday 23.01.2017 | Name days: Strauta, Grieta
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Bank of Latvia to release Fairy Tale Series Hedgehog's Coat coin

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On 19 April, the Bank of Latvia plans to release a 5 euro silver coin as part of its ongoing Fairy tale Series. The name of the coin is Hedgehog’s Coat. It will be the second special edition coin dedicated to Latvian fairy tales. The first coin was released last year and was dedicated to the fairy tale about five cats.

The graphic design of “Fairy Tale Coin II. Hedgehog’s Coat” has been created by Gundega Muzikante, and the author of the plaster model is Ligita Franckeviča. For G. Muzikante, a celebrated children’s book illustrator, this is her debut in coin art, as reported by the Bank of Latvia.

This coin of a special oval shape is struck by UAB Lietuvos monetų kalykla (Lithuania). Its obverse features a princess carrying a hedgehog in her apron, while the reverse shows a herd of swine, led by a hedgehog, and a fragment of an ethnographic building.

Hedgehogs are often associated with many positive traits of the human character, most often wisdom, diligence and kindness. It has become a symbol of those traits for children and adults alike.

This is the second coin in a special collector coin series dedicated to the most dearly loved and significant Latvian fairy tales. The first one honouring the fairy tale about five cats was issued last year and has become highly popular.

This coin will be an official means of payment within the Republic of Latvia. However, it is unlikely that it will ever enter economic circulation in the country – there is a great deal of demand for collector’s edition coins. In addition, there will only be 10,000 of them in total.

The price of the coin at Latvijas Banka Cashier’s Offices is 39 euro. As of 19 April, it will be on sale at Latvijas Banka Cashier’s Offices (K. Valdemāra iela 1B in Riga and Teātra iela 3 in Liepāja). It is also possible to reserve a coin at the Bank of Latvia numismatic product reservation system (www.bank.lv coins section https://rezervetmonetu.bank.lv).

Ref: 102.109.109.8942


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