Published: 27.11.2023

On Wednesday, 29 November, Latvijas Banka will issue an unusually shaped silver collector coin "Fan of Light Rays" to mark the 250th anniversary of the Museum of the History of Riga and Navigation.

Gaismas staru vedeklis v2 Bank lv 950x517px

The Museum of the History of Riga and Navigation, founded in 1773, is one of the oldest public museums in Europe and the oldest museum in the Baltics. As a comparison, the British Museum in London was founded in 1753 and the Louvre Museum in Paris was opened in 1793. There is no other cultural institution in the history of Latvia that has existed continuously for such a long period of time. The rich and diverse collections of the museum originated from an art and natural sciences collection of Nikolaus von Himsel (1729–1764), a Riga doctor who donated it to the city of Riga.

The graphic design of the coin was created by artist Ivars Drulle. Inspired by the fans in the museum's collection, which were a typical part of women's wardrobes in the era when the Himsel collection was created and the museum was founded, the artist has chosen an unusual shape for the coin – that of a fan.

The obverse of the coin depicts a light source from which the light rays spread by the fan are collected, amplified and focussed in one direction by a lens. The lens symbolises the museum, a repository of knowledge that spreads light: it broadens horizons and encourages learning.

The fan has another interesting meaning. Aside from its practicality, it used to have one more significant function: communicating a wide range of non-verbal messages in a public setting. Similarly, this fan-shaped coin conveys a message about the museum's rich historical collection testifying to the lives of the inhabitants of Riga, which is worth exploring and learning about.

On the reverse of the coin, we meet the gaze of Doctor Nikolaus von Himsel. It was thanks to his vision that the Riga Town Council founded the museum on 22 February 1773, naming it after Himsel. Joyful and observant, his gaze invites us to explore the world.

Ligita Franckeviča is the author of the coin's plaster model.

For the attention of the media and interested parties

The collector coin will be available for purchase only on the website e-monetas.lv from 12.00 (noon) on 29 November.

The price of the coin is 72.00 euro; the purchase limit for one buyer is 5 coins.
The mintage of the coin is 3000.
The coin was struck by Koninklijke Nederlandse Munt (the Netherlands).

Latest News

16.05.2024

AS INDEXO Banka receives a licence for the operation of a credit institution

Following the assessment and proposal by Latvijas Banka as the...
14.05.2024

Students are invited to submit their papers for the Competition of Student Scientific Research Papers

As of today, the students of higher education institutions established...
02.05.2024

Latvijas Banka has developed guidelines for more effective management of sanctions risk

Latvijas Banka has developed the "Guidelines for establishing and...
24.04.2024

On the performance of Latvijas Banka in 2023

The Council of Latvijas Banka has approved the Annual Report of...
18.04.2024

Supervision experts refine their expertise in financial crime risks within the realm of crypto-asset services

On 17 and 18 April, 30 supervision experts, auditors, as...
18.04.2024

Latvia's Coin of the Year 2023 – Stardust

The annual survey results have revealed that Latvia's Coin of the...
10.04.2024

Latvijas Banka issues a collector coin "Across the Times"

On Tuesday, 16 April, Latvijas Banka is releasing a collector...
05.04.2024

Latvijas Banka imposes a fine on the former officials of Baltic International Bank SE

The Supervision Committee of Latvijas Banka decided to impose a fine...
03.04.2024

 Payment radar: the share of non-cash payments has reached a historical high

The most recent (spring 2024) "Payment radar" published by...
28.03.2024

Performance indicators of credit unions of Latvia in 2023

Performance indicators of credit unions of Latvia in 2023PDF
27.03.2024

Macroeconomic forecasts | March 2024

Latvijas Banka has published its latest macroeconomic forecasts...
19.03.2024

Latvian investment firms recorded a profit of 840 thousand euro in 2023

Latvian investment firms made a profit of 840 thousand euro in...