There is good news for collectors of coins and banknotes since new copies are now available that are possibly very valuable in the numismatic market.
As usual, it is something that has been produced in a limited edition and/or has a manufacturing error, such as the 2-euro coin that was issued in 2021 by the Central Bank of Lithuania and was made to commemorate the Žuvintas Biosphere Nature Reserve, a protected area that stretches from the north to the south of the country and is made up of three lakes.
Of this specimen, up to 500,000 units were extracted, but close to 500 of them present a mistake in the minting of their edge.
The 2 euro coin from Lithuania contains the Latvian anthem, and on the edge of this series is written ‘Laisvé, Vienybé, Gerové’, which translates as ‘Freedom, Unity, Well-being’.
However, due to a manufacturing fault, almost 500 of them have the following message: “Dievs, sveti Latviju”. Those three words are the first three of the Latvian anthem (“God bless Latvia”), composed by Baumanis in 1873 and officially adopted in 1920.
The error is due to the fact that the Central Bank of Lithuania and the Central Bank of Latvia commissioned the manufacture of coins to the mint of the former, and hence the error. Thus, the production of these 500 copies, which are most coveted by collectors around the world, have increased their value and in the numismatic market they could reach a value of 2,000 euros each.
In addition, as the European Central Bank explains on its website, each country has the right to issue two commemorative coins each year. But that’s not all, “only two-euro coins can be minted for commemorative purposes”, which, on the other hand, has to be accepted in any eurozone country.
