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| Issuer | Latvijas Banka (Bank of Latvia) |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 175 x 108 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | LATVIJAS BANKAS Simts Latu NAUDAS ZĪME PRET ŠO NAUDAS ZĪMI LATVIJAS BANKA IZSNIEDZ 29,03226 GRAMUS ZELTA. NAUDAS ZĪMES NODROŠINĀTAS TO PILNĀ NOMINALVĒRTĪBĀ 1923 (Translation: Bank of Latvia Hundred Latu Money mark against this Bank of Latvia yields 29.03226 grams of gold. Stamps provided at its full face value.) |
| Reverse description | Log in to see details |
| Reverse lettering | 100 PAR LATVIJAS BANKAS NAUDAS ZĪMJU VILTOŠANU VAJ VILTOTU ZĪMJU UZGLABĀŠANU UN IZPLATĪŠANU VAINĪGOS SODĪS SASKANĀ AR SODU LIKUMIEM. (Translation: About the forgery of Latvia Bank banknotes or maintaining and distribution of counterfeit marks the guilty will be punished in accordance with the Penal Laws.) |
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| Comments |
Latvia's 1923 100 Latu was among the first high-denomination notes issued after the lats replaced the Latvian ruble at a rate of 1 lats to 50 rubļi — a stabilization exercise that concluded one of the more disciplined post-WWI currency transitions in the Baltic region. Bradbury, Wilkinson's involvement was typical of newly independent states seeking internationally credible printing credentials at a time when domestic security printing infrastructure simply didn't exist.
The lats held its value with unusual stubbornness through the 1920s, making 100 Latu a genuinely weighty transaction note rather than an inflation-era formality.