Letland. 5 Lati 1931 (Zonder Minimumprijs)

High quality KM# 9 5 LATI 1931
25.00 g., 0.835 Silver 0.6711 oz. ASW, 37 mm. Obv: Crowned head right Rev: Arms with supporters above value Edge: DIEVS *** SVETI *** LATVOJU ***

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extra info:
The Republic of Latvia, the central Baltic state in east Europe, has an area of 24,749 sq. mi. (43,601 sq. km.) . Capital: Riga. Livestock raising and manufacturing are the chief industries. Butter, bacon, fertilizers and telephone equipment are exported.
The Latvians, of Aryan descent primarily from the German Order of Livonian Knights, were nomadic tribesmen who settled along the Baltic prior to the 13th century. Ideally situated as a trade route and lacking a central government, conquered in 1561 by Poland and Sweden. Following the third partition of Poland by Austria, Prussia and Russia in 1795, Latvia came under Russian domination and did not experience autonomy until the Russian Revolution of 1917 provided an opportunity for freedom. The Latvian Republic was established on Nov. 18, 1918. The republic was occupied by Soviet troops and annexed to the Soviet Union in 1940. Following the German occupation of 1941-44, it was retaken by Russia and reestablished as a member republic of the Soviet Union. Western countries, including the United States, did not recognize Latvia’s incorporation into the Soviet Union.
The coinage issued during the early 20th Century Republic is now obsolete.
Latvia declared their independence from the U.S.S.R. on August 22, 1991.
MONETARY SYSTEM
100 Santimu = 1 Lats