Issuance of collector and commemorative coins
From 2 January 2018, numismatic items may be purchased via the Bank of Lithuania e-shop www.coins.lb.lt (operating instructions (628.8 KB download icon)). The start of the early sale of numismatic items at the e-shop is 5 business days before their date of issue, from 8:00. On and after their date of issue, coins are available for sale both at the e-shop and the Bank of Lithuania cash offices in Vilnius and Kaunas as well as through the official distributors of numismatic items.
During an early sale and on the first day of sale, the total amount of numismatic items sold via the e-shop is limited to 2–5 items per person depending on the numismatic item purchased. No limitations apply afterwards.
LBCOIN is the world’s first blockchain-based digital collector coin consisting of six digital tokens and one physical silver collector coin. Its issue date is 23 July 2020. Everyone wishing to purchase LBCOIN can now register at lbcoin.lb.lt.
More on the procedure for the sale of numismatic items and the operation of the e-shop:
• Regulations for the Sale of Numismatic Items of the Bank of Lithuania (189.3 KB download icon)
• Regulations for the Operation of the Electronic Shop of the Bank of Lithuania (225.9 KB download icon)
• Regulations for the Sale of Numismatic Items of the Bank of Lithuania to the Distributors of the Numismatic Items (146.5 KB download icon)
Sets of numismatic litas banknotes (three banknotes in a set: 500 litas banknote issued in 1991, 1000 litas banknote issued in 1991, 100 litas banknote issued in 1994) can be purchased at the Bank of Lithuania cash offices in Vilnius and Kaunas or via the Bank of Lithuania e-shop www.coins.lb.lt.
More on the procedure for purchasing sets of numismatic litas banknotes:
• Description of the procedure for purchasing the sets of 500 and 1000 litas banknotes of the 1991 issue and of 100 litas banknotes of the 1994 issue by submitting an order to the Bank of Lithuania by email (90.7 KB download icon)
With Lithuania adopting the euro, we continue our numismatic traditions, creating Lithuanian collector coins to perpetuate the most important events and prominent figures, or commemorate their various anniversaries. Coins are minted in series, such as ‘Lithuanian Nature’, ‘Lithuanian Science’ and ‘Traditional Lithuanian Holidays’.
Collector euro coins can be minted by any country in the euro area; they are free to choose their denomination, metal and other characteristics. Such euro coins, as legal tender, are only valid in their country of issue. Nevertheless, collector coins are not usually used in circulation – they end up in the collections of numismatists or are used as gifts or for state representation.
Collector coins are minted in Vilnius at the Lithuanian Mint.
The Bank of Lithuania has issued 11 commemorative euro coins and 41 collector euro coins, of which – 6 in gold, 26 silver ones and 9 from non-ferrous metals. Since 1993, the Bank of Lithuania has issued 88 collector (commemorative) litas coins and 18 collector (commemorative) circulation litas coins.
The coins that we issue (both litas and euro) are recognised and valued on an international level. They have been awarded as many as 29 prizes at international contests!
Only the €2 denomination can be used for commemorative coins.
As a rule, all of the euro area countries, including the four independent states (Andorra, Monaco, San Marino and the Vatican City), may each issue only two €2 commemorative coins per year. Commemorative euro coins are dedicated to the commemoration of important national and European events. Such coins are legal tender throughout the euro area, which means that they can be used – and must be accepted – just like any other euro coin.
These coins have the same features and properties and the same common side as normal €2 coins. What makes them different is their commemorative design on the national side.
The country itself chooses the themes for these coins. Most of these coins commemorate the anniversaries of historical events or draw attention to current events of historic importance. The very first €2 commemorative coin was issued by Greece to commemorate the Olympic Games in Athens in 2004. The first commemorative coin in Lithuania was dedicated to the Lithuanian language.
|Commemorative coins are minted in Vilnius at the Lithuanian Mint|
Sometimes all of the euro area countries issue a commemorative coin together. The following four commemorative coins have been issued jointly:
March 2007 – to commemorate the 50th anniversary of the Treaty of Rome
January 2009 – to celebrate the 10th anniversary of Economic and Monetary Union
January 2012 – to commemorate ten years of euro banknotes and coins
November 2015 – 30 years of the EU flag
The Bank of Lithuania also issued the coin commemorating 30 years of the EU flag
What is the difference between collector and commemorative euro coins?
|Collector euro coins||Commemorative euro coins|
|Dedicated to occasions, occurrences or anniversaries special to the Lithuanian State, eminent persons, architectural monuments, and important dates related to key events in the shaping of Lithuanian statehood, propagation of universal values, and preservation of commemorative culture and living history||Dedicated to commemorating anything that is of importance at national and European level|
|Denomination – selected by the Member State||Denomination – €2|
|Metal – chosen by the Member State (can be non-ferrous metals and precious metals – silver, gold, etc.)||Metal – chosen by the Member State (can be non-ferrous metals and precious metals – silver, gold, etc.)|
|Weight – depends on selected metal and other features||Weight – 8.50 g (like the €2 circulation coins)|
|Legal tender only in the issuing Member State, but usually not used in circulation||Legal tender throughout the euro area|