Author Topic: Latvia 2015: Stork  (Read 2341 times)

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Offline Bimat

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Latvia 2015: Stork
« on: July 26, 2015, 02:25:12 PM »
Some dealers are having pre-sale of this €2 commemorative from Latvia. I can't find any information about it on Bank of Latvia website... ??? It depicts a stork.

Aditya
« Last Edit: July 27, 2015, 04:49:33 PM by Bimat »
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Online eurocoin

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Re: Latvia 2015 (Questionable Issue)
« Reply #1 on: July 26, 2015, 04:22:33 PM »
The euro section hasn't been updated for some time (way too long..). The Bank of Latvia has indeed asked permission to issue this coin and they have been granted that permission by the European Commission and the Council of the European Union. To dispel any remaining doubts, you can find a copy of the letter that the Bank of Latvia sent to the Council of the European Union and European Commission below.
« Last Edit: July 27, 2015, 10:48:52 AM by eurocoin »

Offline Bimat

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Latvia 2015 (Questionable Issue)
« Reply #2 on: July 27, 2015, 05:51:23 AM »
Thanks, but I'm not sure why permission is required from the European Commission?

Does that also mean that Latvia is planning a €2 commemorative coin every year depicting wildlife, as they did in pre-euro years? Next year, they have already planned a €2 commemorative showing cow (which was also present on 2 Lats coin)...

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Online eurocoin

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Re: Latvia 2015 (Questionable Issue)
« Reply #3 on: July 27, 2015, 09:27:51 AM »
Thanks, but I'm not sure why permission is required from the European Commission?

Does that also mean that Latvia is planning a €2 commemorative coin every year depicting wildlife, as they did in pre-euro years? Next year, they have already planned a €2 commemorative showing cow (which was also present on 2 Lats coin)...

Aditya

The European Commission only has a verifying role regarding the technical aspects of the coins in line with Article 10 paragraph 5 of Regulation 729/2014. The Council of the European Union sends the design to all member states and gives them 14 days to decide whether they find the submitted design or theme inappropriate. If they are against the issuance of a coin with a certain theme or design, they write a letter to the council, the issuing state will than not get permission to issue a coin with that design or theme. Every country in the eurozone can veto designs or themes of proposed circulating coins of other countries in the eurozone (not the mini states).

Due to the monetary agreements between Andorra, San Marino, Vatican City and Monaco and the eurozone, these country don't have to send any of their proposed themes and designs for circulating coins to the Council of the European Union. They only have to notify draft designs to the European Commission.

It's unknown if Latvia is going to issue an entire series of 2 euro commemorative coins with wildlife designs.

Offline Bimat

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Latvia 2015 (Questionable Issue)
« Reply #4 on: July 27, 2015, 04:48:20 PM »
It's just a coincidence that I found this article. ;)

More commemorative coins on the way

The Latvian central bank is set to produce more commemorative coins in coming months, adding to its already considerable back catalog of special editions.

The Bank of Latvia is set to issue a commemorative 2-euro coin with the image of a stork on it and a coin dedicated to the EU flag this fall, the Latvian central bank's spokesman Janis Silakalns told BNS.

"We hope that both coins will be issued this year - the one with the stork early in the fall and the one with the EU flag in the late fall," Silakalns said.

The Bank of Latvia plans to issue one million commemorative coins featuring an image of a stork, as well as one million coins dedicated to the 30th anniversary of the EU flag.

Every year, each euro area country is entitled to issue two special 2-euro commemorative coins, featuring events of national, European or global significance.

The Bank of Latvia issued its first commemorative 2-euro coin in 2014 as soon as it joined the eurozone. That coin was dedicated to the Latvian capital city Riga and featured the skyline of the Riga Old City. In February 2015, the central bank issued a commemorative euro coin dedicated to the Latvian Presidency of the Council of the EU.

Commemorative coins in other denominations have also been produced.

Source: LSM
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Bimat

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Latvia 2015: Stork
« Reply #5 on: November 21, 2015, 07:51:06 AM »
Issue date is set as December 01, 2015.

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Bimat

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Latvia 2015: Stork
« Reply #6 on: November 30, 2015, 12:55:43 PM »
From Bank of Latvia's newsletter:

___

Latvijas Banka is issuing a  2 euro commemorative coin featuring a nesting stork . The image of a nesting stork, designed by Olga Šilova and featured on the very first 1 lats coin once introducing Latvijas Banka's special series of 1 lats circulation coins, has been restored to live again on the new 2 euro commemorative coin struck in Lithuania by UAB Lietuvos monetų kalykla .

The coin will be available for exchange at the Cashier's Offices of Latvijas Banka in Riga and Liepāja as of Tuesday, 1 December. The issuing volume of the 2 euro commemorative coin "The Stork" is 1 million.

10 000  Brilliant Uncirculated  quality coins in special souvenir packing will also be on sale (7.30 euro each at Latvijas Banka Cashier's Offices).

10 000 special sets of nine Latvian euro circulation coins , including commemorative coin "The Stork" in  Brilliant Uncirculated  quality, will also be available (19.00 euro each at Latvijas Banka Cashier's Offices).

___

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Bimat

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Latvia 2015: Stork
« Reply #7 on: August 12, 2016, 05:03:50 PM »
Happened to win this BU piece on eBay, paid whooping €2 for it. ;)

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.