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| Issuer | Lietuvos Bankas (Bank of Lithuania) |
|---|---|
| Year | 1991 |
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| Currency | New litas (1993-2014) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 1991 20 DVIDEŠIMT LITŲ J MAIRONIS VALDYBOS PIRMININKAS LIETUVOS BANKAS (Translation: 1991 Twenty Litu J Maironis Chairman of the Board Bank of Lithuania) |
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| Protection description | Jonas Maironis portrait, visible when held to light |
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| Comments |
Lithuania declared the restoration of its independence in March 1990, but the transition away from Soviet roubles was neither immediate nor clean. This note was part of the first post-Soviet Lithuanian issue, designed and printed in the United States while the country was still navigating the political and monetary fallout of disentangling itself from Moscow. The talonas — the transitional coupon currency — ran concurrently for a period, making the early Litas issues a patchwork of parallel systems.
United States Banknote Corporation, which printed this series, filed for bankruptcy in 1995, leaving several sovereign contracts mid-stream — though Lithuania's notes had long since been delivered by then.