Catalog
25 Kapeikas
| Issuer | Latvijas Valdība (Government of Latvia) |
|---|---|
| Year | 1920 |
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| Reference(s) | P#11 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | LATWIJAS MAIŅAS SIHME 25 KAP. |
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| Reverse lettering | LATWIJAS MAIŅAS SIHME 25 KAP. |
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| Comments |
Latvia's 1920 small-denomination notes were rushed into production during a period of acute monetary instability — the country had only declared independence in November 1918 and was still consolidating control over its territory when this series was printed. The 25 Kapeikas belongs to a fractional issue that filled the gap left by the collapse of the Russian Imperial and Tsarist-era ruble systems, which had previously dominated circulation in the region.
P#11 is among the smallest-format notes ever issued by the Latvian government, a practical consequence of the low denomination rather than any design economy.