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New Georgian coin The 20th Jubilee Of National Currency Lari

Sat, 2015-10-03 18:41 — ehobbex
New Georgian coin The 20th Jubilee Of National Currency Lari

National Bank Of Georgia Issued A Collector Coin Dedicated To The 20th Jubilee Of National Currency Lari on September 26th 2015.

The coin, with the face value of 20 Lari, weighs 28.28 g, and is minted from silver 925 . The coin's design is created by Bacha Malazonia.

The central motive of the coin design on the obverse is the sun, which symbolizes eternity and lifetime, with the purple color of sunrays expressing the national symbols and also being the color of authority, power and courage. The central part of coin contains a newly introduced Lari sign with the circled inscription „საქართველოს ეროვნული ბანკი" (National Bank of Georgia) and the dates of circulation period of Lari, from the beginning  till today. 

On reverse, in the central part of the coin, there is the symbol of the safety and security of  the national currency, the modern building of The Cash Centre.  The denomination numeral 20 and inscription "ლარი" (lari) in Georgian are placed beneath it. Above the image of the Cash Centre building, on the right-hand side there is an inscription "National Bank of Georgia" in English language.

The coin has been minted by Polish Mint, (Mennica Polska, Poland) in amount of 1500 pieces.

Coin description: 

Face value: 20 lari
Metal:Silver  925
Weight: 28.28 g
Diameter: 38.61 mm
Edge: plain 
Quality: proof
Mintage: 1500
Struck: 2015

The Lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti and abazi.

Georgia replaced the Russian ruble on 5 April 1993 with Kuponi at par. This currency consisted only of banknotes, had no subdivisions and suffered from hyperinflation. Notes were issued in denominations between 1 and 1 million Kuponi, including the somewhat unusual 3, 3000, 30,000 and 150,000 Kuponi.
 
On October 2, 1995, the government of Eduard Shevardnadze replaced the provisional coupon currency with the Lari, at a rate of one million to one. It has remained fairly stable since then.
 
On July 8, 2014 Giorgi Kadagidze, Governor of the NBG introduced the winner sign of the national currency to public and its author. Georgian lari got its own sign.
 
Source of information: National Bank of Georgia www.nbg.gov.ge