Banks, EU – Baltic States, Financial Services, History, Latvia

It is a legal tender in the Republic of Latvia and other euro area countries. The coins will be put into circulation just like other circulation money, via banks going to traditional points of coin sale and population. The cashier offices of the Bank of Latvia in Riga and Liepaja will commence selling the coin on Tuesday, February 10.

The graphic design of the national side of the coin was created by Gunars Lusis. Janis Strupulis is the author of the plaster model. The new EUR 2 coin was struck by "Staatliche Munzen Baden-Wurttemberg" in Germany, the same mint commissioned to strike Latvia's euro circulation coinage and the first EUR 2 commemorative coin dedicated to Riga, European Capital of Culture 2014, which was put into circulation in summer 2014.

The common or European side of the commemorative coins (with the nominal displayed; artist – Luc Luycx), material, size and edge do not differ from normal EUR 2 circulation coins. What makes them different is the national side.

The commemorative coin is the contribution of the Bank of Latvia to raising public awareness of the Latvian Presidency of the Council of the EU in Latvia and abroad.

The mintage of the coin is one million, with 5,000 coins of "Brilliant Uncirculated" quality, packed in special souvenir packaging (the price of the coin at the cashier offices of the Bank of Latvia is EUR 7.30), as well as the sets of the euro circulation coins dedicated to the Latvian Presidency of the Council of the EU: "Brilliant Uncirculated" (15,000 pieces) and proof (5,000 pieces) quality. The price of the above sets at the cashier offices of the Bank of Latvia is EUR 18 and EUR 50 respectively.