Catalog
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| Issuer | Latvijas Valsts Kases |
|---|---|
| Year | 1926 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Latvijas Valstsspapīru spiestuve |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown monochromatic reverse with large ornate '5' numerals in calligraphic script at left and right forming a decorative frame. The central vignette presents the Latvian coat of arms — a shield divided into quarters with a rising sun and stars — surrounded by an allegorical rural scene with a barrel, agricultural implements, and a coniferous tree in an intaglio-style engraving. A small cartouche with the numeral '5' appears at the top centre, and a cautionary anti-counterfeiting legend runs along the lower margin. |
| Reverse lettering | PAR ZĪMU VILTOŠANU, VILTOTO ZĪMU UZGLABĀŠANU UN IZPLA- TĪŠANU VAINĪGIE SODĀMI PĒC ATTIECĪGIEM SODU LIKUMIEM |
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| Comments |
The Latvijas Valsts Kases — the Latvian State Treasury — issued this note during a period of genuine monetary stability. Latvia had adopted the lats in 1922, replacing the temporary Latvian ruble at a rate that effectively wiped out wartime inflation, and by 1926 the currency was fully backed by gold and foreign exchange reserves under the oversight of the Bank of Latvia. The State Treasury notes ran parallel to Bank of Latvia issues throughout this period, a dual-issuer arrangement that was common in the interwar Baltic states but has since caused persistent cataloguing confusion.
Printed domestically by the Latvijas Valsts Spiestuve in Riga — relatively unusual for a small interwar state that might otherwise have contracted a Western European security printer — the series reflects Latvia's deliberate investment in sovereign printing infrastructure during the 1920s.