The Bank of Lithuania changes its coin distribution procedure: new e-shop is to be launched
At the beginning of the next year, numismatists and all those that have an interest in Lithuanian money will be offered a new innovation – from the beginning of January they will be able to purchase collector and commemorative euro coins issued by the Bank of Lithuania at the e-shop monetos.lb.lt , while the pre-order system which had functioned to date will no longer be used.
‘Please note several changes relevant to the users – first, the e-shop will replace the pre-order system which had functioned to date. Second, it will no longer be possible to order numismatic items at the beginning of every quarter – the start of sale of numismatic items will be 5 business days before the date of their issue. Having approved the new procedure of the sale of the numismatic items and after the new e-shop becomes operational, equal conditions will be provided to all wishing to purchase numismatic items in a convenient way and without leaving their home,’ said Deivis Stankevičius, Director of the Cash Department.
At the beginning of the next year, the start of the early sale of numismatic items at the e-shop will be five business days before the date of their issue, from 8:00. Depending on the item purchased, the amount of numismatic items sold to a single buyer will be limited to 2 or 5 units. The same limitations will apply on the first day of the sale of the coin. Limitations to the sale of coins will be no longer applied at a later date.
On their date of issue and later on, as usual, coins will be available for sale at the e-shop monetos.lb.lt, the Bank of Lithuania Cash Offices in Vilnius and Kaunas and via the official distributors of numismatic items as well.
Distribution innovations of the collector and commemorative coins are indicated in the new Coin Creation Strategy of the Bank of Lithuania. It provides measures to encourage and develop the collectors’ market, promote the public interest in numismatic items and increase sales of collector and commemorative coins.
The Bank of Lithuania plans to issue the following numismatic items in 2018:
● a numismatic set of circulation coins of 2018;
● commemorative 2 euro coin dedicated to the100th anniversary of the Restoration of Lithuania’s Independence;
● 4 collector coins dedicated to the 100th anniversary of the Restoration of Lithuania’s Independence: to signatories, diplomacy, armed forces and militarised organisations and the legal system;
● collector coin dedicated to the 150th birth anniversary of Vilhelmas Storosta-Vydūnas;
● 2 collector coins dedicated to Joninės (Rasos) (from the series ‘Traditional Lithuanian Celebrations’);
● commemorative 2 euro coin dedicated to the Lithuanian Song and Dance Celebration (inscribed on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity);
● collector coin dedicated to the Vilnius University Physicist`s Day, FiDi 50;
● collector coin from the series ‘Lithuanian Science’.