Latvia 1926 2 lati
This specimen was lot 41111 in Stack's Bowers ANA sale (Costa Mesa, CA, August 2021), where it sold for $5,040. The catalog description[1] noted, "LATVIA. 2 Lati, 1926. London Mint. PCGS PROOF-64 Gold Shield. EXTREMELY RARE as a proof, and potentially UNIQUE, this presentation striking presents complete detail through the designs and strong gleam in the fields that is the result of intentional polishing of the dies. Pale mottled patina that consists of rainbow-hued shades adds an element of unique character to the appearance. Considering the provenance, as well as the rarity, an item that should be of utmost importance to collectors seeking to assemble a world-class collection of Latvian coinage. Ex: Melbourne Mint Collection." This type was minted for the Republic of Latvia in 1925-26 to the standard of a French silver two francs. Latvia's independence was snuffed out by Russian (then Nazi) occupation in 1940. Independence was not reclaimed until 1991.
Recorded mintage: 1,114,000 but no proofs mentioned in the SCWC.
Specification: 10 g, 0.835 fine silver, 27 mm diameter.
Catalog reference: KM-8.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The August 2021 ANA sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.
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