100 Latu (Development) 1998 front 100 Latu (Development) 1998 back
100 Latu (Development) 1998 photo
© Heritage Auctions

100 Latu Development

1998 year
Gold (.999) 16.2 g 24.00 mm
Description
Issuer
Latvia
Issuing entity
Bank of Latvia (Latvijas Banka)
Period
Republic (1991-date)
Type
Standard circulation coin
Year
1998
Value
100 Latu (100&nbspLVL)
Currency
New lats (1993-2013)
Composition
Gold (.999)
Weight
16.2 g
Diameter
24.00 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
1 January 2014
Updated
2024-10-06
References
Numista
N#46991
Rarity index
87%

Reverse

The numeral 100, intertwined with an open circle symbolizing development, is figured in the centre. The inscription LATU, arranged in a semicircle, is placed in the lower part. The coin's weight and the fineness of the metal (16.2 g Au .999) are also indicated in the lower part.

Script: Latin

Lettering:
100 LATU
16.2 g Au .999

Engraver: Jānis Strupulis

Designer: Sandra Belsone

Edge

Three reeded and smooth segments are alternated.

Comment

In official publisher of Latvia ("Latvijas Vēstnesis") Central Bank clearly states that this is a circulation coin (material available in Latvian only): "This is the first gold circulation coin in the history of the independent Republic of Latvia."
https://www.vestnesis.lv/ta/id/33054 

Interesting fact

One interesting fact about the 100 Latu (Development) 1998 coin from Latvia is that it features a unique design that represents the country's development and growth. The coin's obverse side depicts a stylized image of a tree, symbolizing the country's growth and progress, while the reverse side features a map of Latvia with the inscription "Latvija" (Latvia) written in bold letters. This design was created by the Latvian artist, Gunars Lusis, and it was meant to represent the country's journey towards independence and prosperity.

Price

Date Mintage VG F VF XF AU UNC
1998  19890 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 100 Latu (Development) 1998 coin.