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New Latvian coin Beer mug
On 15th June, the Bank of Latvia issued new 1-lats circulation coin with a beer mug featured on the reverse. The coins are legal tender in the Republic of Latvia. The coins will be circulated the same way as any other circulation money, reaching commercial and other enterprises and the population via banks.
The coin has been designed by artist Juris Dimiters (graphic design) and Andris Vārpa (plaster model). The new 1-lats coins were struck at the Koninklijke Nederlandse Munt (the Netherlands)..
Obverse: The large coat of arms of the Republic of Latvia, with the year 2011 inscribed below, is placed in the centre. The inscriptions LATVIJAS and REPUBLIKA, each arranged in a semicircle, are above and beneath the central motif respectively.
Reverse: A beer mug is in the centre, with the inscription 1 LATS beneath it.
Edge: Two inscriptions LATVIJAS BANKA, separated by rhombic dots.
Source of information: Bank of Latvia www.bank.lv