Coin Identifier
Latvian 2 Euro (Milda) — obverse
Obverse
Latvian 2 Euro (Milda) — reverse
Reverse
2 Euro

Latvian 2 Euro (Milda)

Latvia, Bank of Latvia · 2014

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

Country
Latvia, Bank of Latvia
Year
2014
Denomination
2 Euro
Metal
Bi-metallic: Nickel-brass plated nickel center, Cupronickel outer ring

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Overview

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.

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.

Estimated value

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

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.

Grade assessment

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

Mintage & rarity

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

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.

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.

Care & preservation

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