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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 41109

Starting price: 9000 USD
Price realized: 9000 USD
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LATVIA. 5 Lati, 1931. London Mint. PCGS PROOF-64 Gold Shield.
KM-9. A wonderfully toned example of this very SCARCE proof striking, featuring flashy surfaces and radiant luster. While the central portions are a lighter gray/argent hue, the peripheries yield to a deeper tone that seemingly envelopes the overall coin. Just one has been certified finer at PCGS, making this a desirable piece.

According to A New History of the Royal Mint, the mint in London sought contracts from foreign countries instead of just those within her empire following World War I. Fortunately, some of the countries were newly created and independent due to the Treaty of Versailles, including Latvia, were in need of coin making services.



Estimate: $15000 - $20000

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