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3 Marka

Issuer Estonia
Year 1922
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Value 3 Marka
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Obverse description The Estonian coat of arms featuring three leopard-lions passant in pale, facing left and arranged vertically, occupying the central field. The date is split on either side of the heraldic device, with '19' to the left and '22' to the right. The entire design is enclosed within a beaded border running along the coin's rim.
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Reverse script Latin
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Additional information

Estonia's first coinage series was authorized in 1922, just four years after the republic declared independence from collapsing Russian imperial control. The mark (marka) was pegged to the Finnish markka at parity during this period, a deliberate policy choice reflecting Estonia's closer economic orientation toward Scandinavia and Finland rather than the German or Soviet monetary systems pressing in from either side. Mintage was contracted to the Helsinki Mint, which produced the entire early Estonian coinage series through the mid-1920s.