HomeWorld CoinsLatvia 2015 500 Years of Riga Castle 5 Euro Silver Coin

Latvia 2015 500 Years of Riga Castle 5 Euro Silver Coin

Description:

For centuries, Riga Castle’s silhouette on the bank of the Daugava River has stood as a symbol of Latvian strength and pride. While the castle predates the accepted date of 1515 by centuries, the current edifice was constructed anew after the Livonian defeat at Bukultu in 1491. The oldest-known images of the castle date as far back as the late 16th century. A 1612 work by Nikolaus Mollino renders the castle in great detail, including outbuildings, the castle gate, and its defensive fortifications.

Over the years, the castle has housed various Latvian leaders, museums, and other organizations. In 1922, it became the residence of the Latvian president. The cost of maintaining the facility under Soviet occupation, caused the government to seek other accommodations. After the fall of the Soviet Union, the Castle once again served as a home for Latvia’s presidents and their families.

On Wednesday, 17 June, the Bank of Latvia (Latvijas Banka) issued the five-euro silver “500 Years of the Riga Castle” collector coin. Each coin was struck in Switzerland by FAUDI & Huguenot SA and is legal tender in the Republic of Latvia. Maximum mintage for the issue was set at 7,000 pieces.

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Obverse:

Ivars Drulle’s design features the stone mouldings on the gateway of the Riga Convent showing the Madonna (right) and Wolter von Plettenberg (left), the Master of the Livonian Order. On the left border, centered and running vertically, is the denomination 5 EURO. On the right border, centered and running vertically, is the legend LATVIA. Centered in the bottom border is the date, 2015.

Reverse:

The reverse of the coin bears the design of Ilze Lībiete, which depicts a bird’s-eye view of Riga Castle. Centered in the top border is the inscription RīGAS PILS (Riga Castle). Centered in the bottom border is the date: 1515.

Designer(s): Ilze Lībiete is a Latvian artist and coin designer (View Designer’s Profile). Ivars Drulle is an artist and coin designer from Latvia (View Designer’s Profile).

Coin Specifications:

Country:  Latvia
Year Of Issue:  2015
Denomination:  5 Euro
Mint Mark:
Mintage:  7,000
Alloy:  .925 Silver; .999 Copper
Weight:  26 grams
Diameter:  32 mm
OBV Designer  Ivars Drulle
REV Designer  Ilze Lībiete
Quality:  Proof

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CoinWeek IQ
With CoinWeek IQ, the editors and writers of CoinWeek dig deeper than the usual numismatic article. CoinWeek IQ provides collectors and numismatists with in-depth information, pedigree histories, and market analysis of U.S. coins and currency.

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