Latvia 2014 Ainaži Nautical School 5 Euro Silver Coin

The Bank of Latvia has released their first Euro collector coin, following the changeover from the Lats currency. The coin commemorates the 150th anniversary of the Ainaži Nautical School.

latvia  Ainaži Nautical School 5 euro silver coin

The obverse of the coin features an interesting arrangement of four different sailing ships positioned symmetrically around the outer rim of the coin, which is bordered by water. At the center is the denomination of “5 EURO”.

The reverse design features a representation of a compass with the direction north colored red. Inscriptions around the edge include “AINAŽU” at the top and “JŪRSKOLA” and the dates “1864” and “2014” to the sides.

Each coin is struck in 92.5% silver to proof quality with a weight of 22.00 grams and diameter of 35.00 mm. The coins are indicated as available at Cashier’s Offices of the Bank of Latvia priced at 35.99 Euro.

The Bank of Latvia has also recently published a video entitled “The Artist and His Muse” recounting the story of the folk maiden on Latvian coins. As discussed in a previous post, this popular and beautiful design was used for the original 5-lats silver coins issued in 1929. The design has been reused on a 1/25oz gold coin issued in 2003, a silver 5 lats coin released in 2012, and now the new 1-Euro and 2-Euro circulating coins.

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  1. fmtransmitter says

    That is one cool coin. I love nautical theme and this one was done with class. Well done.

  2. Koichi Ito says

    Too bad that 2014 Latvian Ainazi Nautical School commemorative 5 euro silver coins are sold out!

  3. Koichi Ito says

    Reason why Latvian silver commemorative coins and recent 2014 euro proof set were sold out. Is that it issue is only 5000 commemorative silver coins and proof sets.

  4. Zeeman says

    You can buy it from Royal Scandnavian mint for $95.00 with free shipping, i called them and they told me only 1200 were allowed to leave latvia, ask him for quantity discount, and was told they paid high premium for it,so no discount, anyway i am thinking about getting one from them.

  5. Koichi Ito says

    Since Latvian silver commemorative coins have been selling out to well that it is an excellent investment to buy them.

  6. Louis says

    These coins are excellent. Check out images on e-Bay of actual coin. I am thinking of getting one now.

  7. Koichi Ito says

    I just purchased 2014 Ainazi Nautical School 5 euro silver commemorative coin from Royal Scandinavian Mint for $95.00. So I have seen this coin is sold at ebay at $1000.00

  8. Koichi Ito says

    2014 Fortuna Redux $25 silver 3 ounces coin is a Fortuna Redux Jr. because it is smaller than 2013 Fortuna Redux $50 silver 6 ounces coin. So which is better?

  9. Louis says

    It’s now available to order but when you look at what the 6 oz coins have dropped to, it does not seem worth it.

  10. fmtransmitter says

    So I have seen this coin is sold at ebay at $1000.00

    Where is the proof of this?

    3 ounce available for pre order $469-6 ounce still there for $635!!

  11. Koichi Ito says

    Which is the better coin to purchase: 2014 Latvian Ainazi Nautical School Silver commemorative coin at $95.00 or 2014 Fortuna Redux 3 ounces silver coin at $450.00?

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