Culture, Financial Services, Lithuania

The public was introduced to the new coin at Vilnius Academy of Arts where the ceremony of handing Masters diplomas was taking place, writes LETA.

"A palette might also be the symbol of an artist's experiments or creative searches. This is like a field in which nuggets of expression are discovered. The coin dedicated to Fine Arts may well be called a nugget in Lithuanian numismatics. It is not only unique in its subject but in that it has a hole on "0", one of the digits indicating the ten-litas denomination", Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, said.

It is the first time that the UAB Lithuanian Mint has implemented such an original idea of the coin's designers Ruta Nicajiene and Giedrius Paulauskis.

During the presentation of the new coin, the Chairman of the Board of the Bank of Lithuania greeted the graduates of Vilnius Academy of Arts and handed the new collector's coin to each of the fifteen Masters.

"I hope more than one of you will enrich Lithuanian numismatics by your creations", V. Vasiliauskas said after inviting the graduates of Vilnius Academy of Arts to take part in competitions for the designs of collectors' coins to be announced by the Bank of Lithuania.

It is the third coin from the ten-litas silver coin series "Lithuanian Culture" with the mintage of 4,000. The author of the text for the brochure of the coin is the art critic Ramute Rachleviciute.

Earlier in the series, there were coins issued dedicated to Music (2010) and Theatre (2011).

The Bank of Lithuania has already issued 73 collector's (commemorative) coins commemorating events significant for our State and for the world history, prominent people, architectural monuments, etc.

Collectors' coins are sold at the cash offices of the Bank of Lithuania in Vilnius (at Totoriu Gatve, 2), Kaunas (at Maironio Gatve, 25), and Klaipeda (at Naujoji Uosto Gatve, 16). The price for the ten-litas silver coin in a display box is 100 litas (the value-added tax inclusive), or 90 litas without a display box.