50 lati 1934 — Latvia ( Pick: 20 )
Region:
Europe
Front side
Back side
Banknote description
This banknote is a 50 lati issued in Latvia in 1934. It is cataloged under Pick number 20. Its denomination and year place it among documented banknotes from this issue.
The banknote features blue coloring and measures 145 x 80 mm. It is signed by Kārlis Ulmanis and printed by TDLR.
Latvia's currency system underwent significant changes during the interwar period, with various denominations circulating to meet economic needs. The 50 lati denomination was part of these transitional monetary measures.
The banknote features blue coloring and measures 145 x 80 mm. It is signed by Kārlis Ulmanis and printed by TDLR.
Latvia's currency system underwent significant changes during the interwar period, with various denominations circulating to meet economic needs. The 50 lati denomination was part of these transitional monetary measures.
Specifications
- Signed by
- Kārlis Ulmanis
- Date of issue
- 1934
- Printing office
- TDLR
- Paper
- Paper
- Colour
- Blue
- Dimensions
- 145 x 80 mm
- Pick catalog
- 20
About this banknote
The Bank of Latvia issued this 50 lati note in 1934. This series was part of an effort to stabilize the Latvian economy during a period of global economic uncertainty. The note was printed by Thomas De La Rue & Company, Limited in London, which handled many of Latvia’s banknote productions during this era.
The note features a portrait of Kārlis Ulmanis, a significant Latvian statesman, on the front. It also includes intricate blue designs and a security watermark. One notable technical detail is its backing by gold, explicitly stated on the note as redeemable for 14.58513 grams of gold, ensuring its nominal value.
