Latvian 2 Euro (Milda)

Country of Origin: Latvia, Bank of Latvia

Year of Issue: 2014

Denomination: 2 Euro

Composition: Bi-metallic: Nickel-brass plated nickel center, Cupronickel outer ring

Latvian 2 Euro (Milda)

Brief Description

A bi-metallic 2 Euro coin featuring a profile of a Latvian folk maiden on the obverse.

Historical Significance

This coin marks Latvia's entry into the Eurozone on January 1, 2014. The design of the folk maiden (known as Milda) is a national symbol originally featured on Latvia's 5 Lati silver coin between 1929 and 1932.

Estimated Value

$2.20 - $3.00 circulated, $5.00 - $10.00 in uncirculated condition

Care Instructions

Do not clean or polish, as this reduces numismatic value. Store in a PVC-free coin flip or capsule to prevent oxidation.

Mint Mark

No mint mark (Struck at the Stuttgart Mint, Germany)

Mintage & Rarity

Total mintage of 20,000,000 for 2014; Common.

Weight & Diameter

8.5g / 25.75mm

Edge

Fine reeded with lettering: 'DIEVS * SVĒTĪ * LATVIJU *' (God Bless Latvia)

Apparent Grade

Fine to Very Fine; shows significant surface circulation wear, scratches, and loss of luster.

Obverse (Front)

Profile of a Latvian folk maiden (Milda), with the year 2014 to the left, 'LATVIJAS REPUBLIKA' inscribed, and the twelve stars of the European Union on the outer ring. Designed by Guntis Sietiņš.

Reverse (Back)

Standard common side for 2 Euro coins featuring a map of Europe, the numeral 2, and the word EURO. Twelve stars connected by vertical lines represent EU unity. Designed by Luc Luycx.

What Drives This Coin's Value

Value is primarily driven by face value and exchange rates. High-grade uncirculated examples and rare mint years (like proof sets) carry premiums.

Similar Coins

Often confused with the vintage 5 Lati silver coin which shares the same portrait, or other 2 Euro commemorative coins from Latvia featuring the same border ring.

Authenticity & Counterfeit Red Flags

Check for magnetic properties (center is slightly magnetic), verify edge lettering for clarity, and ensure the bi-metallic seam is tight and perfectly circular.

Notable Varieties & Errors

No major popular varieties for this specific year; however, collectors look for misalignment errors in bi-metallic components.

Created At: 2026-06-17T22:30:15.427986