10 Latu

Latvia's State Treasury printed this note entirely domestically — unusual for a small interwar state that might otherwise have contracted Bradbury Wilkinson or a comparable European security printer. The Valsts papīru spiestuve un naudas kaltuve in Riga had been producing currency since shortly after independence, and by the early 1930s the operation was mature enough to handle the full run without outside assistance.

Three different signature combinations across the 1933–1934 production span — Annuss/Skujevics giving way first to Rimbenieks/Skujevics, then to Ekis/Skujevics — reflect personnel changes at the Treasury during a period when Latvia was navigating the economic pressures of the global depression under Kārlis Ulmanis's increasingly authoritarian administration. The May 1934 coup, which installed Ulmanis as dictator, fell squarely within this note's production window.