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50 Latu
| Issuer | Latvijas Banka (Bank of Latvia) |
|---|---|
| Year | 1924 |
| Type | Log in to see details |
| Value | 50 Latu |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown on green underprint. The Latvian state coat of arms — a quartered shield supported by a lion and a griffin, surmounted by three stars — is positioned to the left against a radiating guilloche underprint. A large ornate numeral "50" in intaglio occupies the right field, with the denomination legend PIECDESMIT LATU repeated in the side borders; an anti-counterfeiting warning inscription runs along the lower margin above the printer's imprint. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Latvia's interwar lats was introduced in 1922 to replace the Latvian rublis, itself a transitional currency that had displaced the wartime German occupation mark. By 1924, when this note entered circulation, the lats was pegged to gold at parity with the Swiss franc — a deliberate choice to signal fiscal seriousness from a republic barely four years old. The 50 latu was a substantial denomination in that economy.
Waterlow & Sons printed the bulk of early Latvian issues, a typical arrangement for newly independent states lacking domestic intaglio infrastructure. The watermark is the sole mechanical security feature — relatively modest for a high-value note, though consistent with Waterlow's output for comparable clients of the period.