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1 Lats Horseshoe, downwards

Issuer Bank of Latvia
Year 2010
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Technique Milled
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Obverse description At the centre of the obverse stands the full coat of arms of the Republic of Latvia, rendered in fine relief and incorporating the traditional quartered shield with a rising sun, lion, and griffin, surmounted by three stars. The date 2010 is inscribed in the lower field beneath the arms, with the numerals flanking the central device. The legend LATVIJAS arcs across the upper field and REPUBLIKA curves along the lower periphery, both inscribed in raised Latin lettering, framing the central heraldic motif in a classic semicircular arrangement.
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Edge Lettered: LATVIJAS BANKA repeated
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Additional information

Latvia's "lucky coin" series leaned hard into folk symbolism, and the horseshoe lats were issued in two orientations — prongs up and prongs down — a deliberate nod to the longstanding debate over which way luck is supposed to flow. The Bank of Latvia issued both versions intentionally, letting the public argue the point. It worked as a marketing exercise: the coins moved quickly and now trade at multiples of face value.

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