Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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LATVIA. 5 Lati, 1932. London Mint. PCGS PROOF-65 Gold Shield.
KM-9. Unmatched in quality, this Proof example is the finest certified by either PCGS or NGC. Though no record exists pertaining to the number produced, they are undoubtedly VERY RARE, with this Gem, nearly blast white with reflective fields and soft cameo devices, at the top of the list. A needle-like, sharp strike creates an exquisite and beautiful piece that anyone would be lucky to add to their cabinet.
KM-9. Unmatched in quality, this Proof example is the finest certified by either PCGS or NGC. Though no record exists pertaining to the number produced, they are undoubtedly VERY RARE, with this Gem, nearly blast white with reflective fields and soft cameo devices, at the top of the list. A needle-like, sharp strike creates an exquisite and beautiful piece that anyone would be lucky to add to their cabinet.
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.
Ex: Melbourne Mint Collection.
Estimate: $20000 - $25000