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50 Litų European Basketball Championship

Issuer Bank of Lithuania
Year 2011
Type Non-circulating coin
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Obverse description The obverse features the entire field rendered in high relief as a stylised basketball, with the surface texture of the ball formed by a closely stippled granular pattern across the upper hemisphere. The Lithuanian state emblem — the Vytis, depicting an armoured knight on horseback — appears prominently in the upper central field, incuse against the textured basketball surface. The bold incuse legend LIETUVA appears across the centre of the coin, with the denomination 50 LITŲ immediately below, both inscribed along the horizontal seam of the basketball design. The date 2011 is inscribed in the lower exergual area beneath the seam.
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Obverse lettering LIETUVA 50 LITŲ LMK 2011
(Translation: Lithuania 50 litas LMK 2011)
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Additional information

Lithuania hosted EuroBasket 2011, the first time the country had staged the tournament, and the national team reached the quarterfinals on home soil. Basketball occupies an almost singular place in Lithuanian national life — the sport sustained cultural identity during the Soviet occupation, and the 1992 Barcelona Olympic bronze medal team was famously sponsored by the Grateful Dead after Lithuanian independence left the federation without state funding.

The Bank of Lithuania has long used its commemorative program to mark sporting milestones with unusual consistency. This gold piece was struck in a small mintage typical of the bank's bullion commemoratives from this period.

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