Catalog
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| Issuer | Latvia |
|---|---|
| Year | 1922 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | 19 22 LATVIJA HUGUENIN |
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| Mintage | 1922 - - 15,000,000 |
| Additional information |
Latvia's first coinage series, issued following independence from Russian imperial control, was struck entirely at the Huguenot-founded Le Locle mint in Switzerland — Latvia having no mint infrastructure of its own in the early 1920s. The 20 Santimu was part of that inaugural emission, a practical necessity for a government scrambling to establish a functioning monetary system while simultaneously fighting off Soviet and German Freikorps incursions on its eastern and western borders.
The Swiss contract covered Latvia's base-metal coinage needs through the mid-1920s, when the Latvian lats had stabilized sufficiently to attract longer-term monetary planning.