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1 Lats The Piglet
| Issuer | Bank of Latvia |
|---|---|
| Year | 2009 |
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| Composition | Log in to see details |
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| In circulation to | 1 January 2014 |
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| Obverse description | Log in to see details |
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| Obverse lettering | LATVIJAS REPUBLIKA 2009 1 LATS |
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| Reverse script | Latin |
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| Additional information |
Issued as part of Latvia's long-running folk-themed commemorative lats series, this piece was released the same year Latvia's economy contracted by over 17% — one of the steepest GDP collapses recorded anywhere in the world that year. The Bank of Latvia continued issuing collector silver throughout the crisis, funded through premium sales rather than the general budget.
The piglet motif draws from Latvian folk tradition associating the animal with prosperity and the winter solstice festival of Ziemassvētki. Roughly 30,000 were struck.