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Railway in Latvia

Railway in Latvia Railway in Latvia
Type: Silver coin
Material: Silver 925°
Issuance Date: 2011
Month: September
Nominal Value: 1 Ls
Maximum Mintage: 5 000
Quality: Proof
Weight (g): 22.00
Diameter (mm): 35.00
Graphic design: Aigars Ozolins
Plaster model: Ligita Franckevica-Ulmane
Minted: Koninklijke Nederlandse Munt (Netherlands)



Sale

Seller Price
COINS 30.00  [21.08 Ls] old Collector's cabinet
Vladimir 33.00  [23.19 Ls] new Collector's cabinet
Rns 35.00  [24.60 Ls] new Collector's cabinet
Latviancoins 36.00  [25.30 Ls] new Collector's cabinet
Coins 30.00  [21.08 Ls] new Collector's cabinet
Raitis 26.00  [18.27 Ls] old Collector's cabinet
Proof 35.00  [24.60 Ls] Collector's cabinet
antons 35.00  [24.60 Ls] old Collector's cabinet
Līva 38.00  [26.71 Ls] old Collector's cabinet
vlad 30.00  [21.08 Ls] Collector's cabinet


Buying

Buyer Price
Eurogold 15.00 €  [10.54 Ls] new Collector's cabinet
Vladimir 25.00 €  [17.57 Ls] Collector's cabinet
Tomas 25.00 €  [17.57 Ls] old Collector's cabinet
Moneta 20.00 €  [14.06 Ls] old Collector's cabinet
Andris 26.00 €  [18.27 Ls] Collector's cabinet
didzis 33.00 €  [23.19 Ls] old Collector's cabinet
vlad 22.00 €  [15.46 Ls] Collector's cabinet

Obverse

The obverse features a wheel of steam locomotive, with the inscription 1 LATS in its semi-circled upper part. In the lower part beneath the wheel, there are inscriptions LATVIJAS REPUBLIKA, slightly on the left, and the year 2011, slightly on the right, each arranged in a semicircle.

Reverse

An image of steam locomotive is placed in the centre. Below it, there is the inscription DZELZCEĻŠ LATVIJĀ 1860 (Railway in Latvia), arranged in a semicircle. The central field is surrounded by a plain dotted area.

Edge

Inscriptions LATVIJAS REPUBLIKA (Republic of Latvia) and LATVIJAS BANKA (Bank of Latvia) separated by rhombic dots.

In 1860, when the stretch of the St. Petersburg–Warsaw railroad to Daugavpils (then Dvinsk) was completed, the first trains rolled over Latvian land and Robert Stephenson's factory produced the first steam engines for use on the Riga–Daugavpils line. The construction of the Riga–Daugavpils railway was initiated by the Riga Stock Exchange with the aim to develop port facilities and manufacturing in Riga. This railway was opened on 12 September 1861 and thus the foundation for further expansion of the rail network in Latvia was laid.

The total length of railroad built by the beginning of World War I was 1 941 kilometres. Most of the lines were connected to ports. The most important routes led from Riga to Orel in Russia, from Liepāja to Romny in Ukraine, and from Ventspils to Moscow. The Riga–Mažeikiai, Riga–Tukums, and Riga–Pskov lines were likewise important. As late as the turn of the 20th century, the train was the only mechanised land transport.

During the years of World War I, additional 822 km of rail were laid, primarily as narrow-gauge railroads used for the war effort. All broad-gauge railroads in Kurzeme and Zemgale were rebuilt to match the width of the railroads in Western Europe (1 435 mm) but in Vidzeme and Latgale, the width of the rail remained unchanged (1 524 mm). After the war, it allowed passengers to travel from Riga directly to Western European countries and also to Estonia and Russia.

As the Latvian Railroad Administration began work in 1919, the railroads and bridges destroyed during the war were repaired and the extensive railroad system put to order. In the years 1925–1929, the Liepāja–Glūda line started operating, joined in subsequent years by Rīga–Rūjiena, Rīga–Ērgļi, Madona–Lubāna, Liepāja–Kuldīga, Sita–Rēzekne, Krustpils–Jēkabpils, Pakalnieši–Kūdupe, Ventspils–Dundaga and other lines. In 1938, the total length of serviceable railroads reached 3 350 km; in terms of density of the railroad network to the number of population Latvia was second in Europe, becoming a true railway superpower. Passenger and cargo cars, engines and motorcars, alarm and communication systems, rails and other railroad equipment were all built here. The speed of passenger trains increased, reaching 100 km per hour on many lines. Over 120 new and spacious railway station premises were built as were many bridges.

Recent changes

[2017.11.10]   Rns: Selling price of the coin Railway in Latvia changed from 35.90 € to 35.00
[2017.09.16]   Eurogold: Purchase price of the coin Railway in Latvia changed from 20.00 € to 15.00
[2017.07.28]   Eurogold: Coin Railway in Latvia taken out of sale
[2017.04.04]   bank.lv: Coin Railway in Latvia taken out of sale
[2017.03.20]   Eurogold: Purchase price of the coin Railway in Latvia changed from 25.00 € to 20.00
[2017.01.06]   Rns: Coin Railway in Latvia taken out of sale
[2016.08.20]   baltcoin.lv: Selling price of the coin Railway in Latvia changed from 36.00 € to 30.00
[2016.07.26]   Latviancoins: Selling price of the coin Railway in Latvia changed from 35.90 € to 36.00
[2016.04.12]   baltcoin.lv: Selling price of the coin Railway in Latvia changed from 36.00 € to 32.00
[2016.03.02]   Latviancoins: Coin Railway in Latvia taken out of sale