This coin, Latvia 5 lati, 1931, was issued as part of Latvia's independence-era currency and had a mintage of approximately 2,000,000 coins. Its availability today depends on its survival rate, which can be moderate to high due to its initial circulation intent. The coin's silver content adds intrinsic value but also contributes to melt risk, potentially impacting the number of surviving high-grade examples. This coin, Latvia 5 lati from 1932, was produced in approximately 600,000 pieces. As a circulation coin, its survival rate is influenced by factors such as wear and tear over time. Its historical context, being issued during the interwar period, adds to its numismatic significance, although actual surviving numbers today are less than the original mintage due to loss and natural degradation. This coin, the 5 Lati from Latvia minted in 1929, had an approximate mintage of 1,000,000 pieces. Due to its age and historical significance, the survival rate may be lower, leading to reduced availability in the market, especially in higher-grade conditions. These factors contribute to its status as a moderately scarce coin among collectors. See images for correct Impression.