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10 Latu 1940, Latvia

in Krause book Number: 29e
Years of issue: 1940
Edition: 2 600 000
Signatures: Finanšu Ministrs: Jānis Kaminskis, Valsts Saimn. Dep. Direktors: Jānis Skujevics
Serie: Latvijas valsts kases zime
Specimen of: 1937
Material: Cotton fiber
Size (mm): 130 х 70
Printer: Valsts Papīru Spiestuve Un Naudas Kaltuve

* All pictures marked magnify are increased partially by magnifying glass, the remaining open in full size by clicking on the image.

** The word "Specimen" is present only on some of electronic pictures, in accordance with banknote images publication rules of appropriate banks.

10 Latu 1940




Viestards (also Viesthard, Vesthardus, Viesturs) was one of the greatest Semigallian dukes in the XIII century, referred to as King Vester (Old High German: konic Vesters). His capital was Tērvete hillfort. During the first decades of the XIII century he was allied with the Livonian Brothers of the Sword against Lithuanians, who looted Semigallia on several occasions. In 1205, joint forces defeated Lithuanians and killed duke Žvelgaitis.


10 Latu 1940

Fishermen pulling fishing net are lower, centered.

Inscription,on left side: "Valsts kases zīmes nodrošinātas to pilnā nomināla vērtībā" or in English "Government treasury bills are accepted at their full face value".

Denomination in words is centered.


10 Latu 1940

The Farmer sowing. On the background is the farm.

Latvian coat of arms is lower, in center.

coat coat

The image of the golden rising sun with 11 wide wavy rays, between which there were 10 narrow wavy rays, was also placed in the azure upper half of the shield of the State Emblem of the Republic of Latvia, approved on June 16, 1921 by the Constitutional (Constituent) Assembly of Latvia, the draft of which was created by the returnee from Petrograd by the graphic artist Rihards Germanovich Zariņš, together with Vilis Krūmiņš, (the artist himself signed "Zarrinsh" in Russian, Rihards Zariņš, 1869-1939), who until 1917 held the position of technical and artistic director of the Expedition of Preparing State Papers (EZGB ) Of the Russian Empire and the Provisional Government (according to his projects, banknotes and postage stamps of the All-Russian Provisional Government were issued in 1905-1917).

The lower half of the shield of the Latvian coat of arms was cut, in the right silver field was depicted a wormy rebellious lion from the historical coat of arms of Courland and Semigale, symbolizing Kurzeme and Zemgale, and a silver griffin from the historical coat of arms of Livonia, symbolizing Vidzeme and Latgale.

Above the shield, three golden five-pointed stars were depicted in an arc of a circle, touching each other with two rays, symbolizing the unity of the three historical parts of Latvia - Kurzeme and Zemgale, Vidzeme and Latgale. ( .ru)

The inscription under the coat of arms: "Par latvijas bankas naudas Zimju viltosanu, vai viltotu zimju uzglabasanu un izplatisanu vainigos sodis saskana ar sodu likumiem".

In English: "Penalty for counterfating of Latvian money, or for the storage and distribution of counterfeit goods, is due in accordance with laws".

Denominations in numerals are in all corners. On the right side are in numeral and in words.


Designer and Engraver: Kārlis Krauze.

I became interested in the question - "Why is the State Treasury (Latvijas valsts kases zime) designated by the issuer on the 10 Lat banknotes, and the Bank of Latvia (Latvijas Bankas) is the issuer on other banknotes?"

I had to start translating the article - in the article the answer to the above question !, in Latvian, I apologize for possible translation errors.

In addition, I, unexpectedly, went to the digitized archive of Latvian periodicals, where I found an article from the Russian-language newspaper Vechernee Vremya, dated November 24, 1924, just on the topic.

Please, read here.