Logo Title
obverse
reverse
Lietuvos Bankas

50 Litų (Lithuanian Sąjūdis) – Lithuania

Non-circulating coins
Commemoration: 25th Anniversary of Establishment of Lithuanian Sąjūdis
Lithuania
Context
Year: 2013
Issuer: Lithuania Issuer flag
Period:
(1918—1940)
Currency:
(1993—2014)
Demonetization: 1 January 2015
Total mintage: 4,000
Material
Diameter: 38.61 mm
Weight: 28.28 g
Silver weight: 26.16 g
Shape: Round
Composition: 92.5% Silver
Magnetic: No
Techniques: Milled, Coloured
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard195
Numista: #41699
Value
Exchange value: 50 LTL
Bullion value: $72.88
Inflation-adjusted value: 77.38 LTL

Obverse

Description:
The obverse depicts a stylized Vytis and barricades, with the inscription LIETUVA, the 50 litas denomination, and the Lithuanian Mint mark.
Inscription:
LIETUVA

50

LITŲ LMK
Translation:
LITHUANIA

50

LITAS LMK
Script: Latin
Language: Lithuanian

Reverse

Description:
The reverse features a fragment of Zinas Kazėnas's photograph, encircled by the year 2013 and the inscription "LIETUVOS SĄJŪDIS 25."
Inscription:
LIETUVOS

SĄJŪDIS

25

2013
Translation:
Lithuania's

Sąjūdis

25

2013
Script: Latin
Language: Lithuanian

Edge

Lettered
Legend:
SU SĄJŪDŽIU UŽ LIETUVĄ
Translation:
With the Movement for Lithuania
Language: Lithuanian

Mints

NameMark
Lithuanian Mint(LMK)

Mintings

YearMint MarkMintageQualityCollection
2013LMK4,000Proof

Historical background

In 2013, Lithuania was in the final and decisive phase of its long-standing strategic goal to adopt the euro. Having pegged its currency, the litas (LTL), to the euro in a currency board arrangement since 2002, the country's monetary policy was already de facto aligned with the Eurozone. The primary focus of the year was on meeting the strict Maastricht convergence criteria, particularly after the setback of the 2007-08 global financial crisis, which had delayed earlier adoption plans. The government, under Prime Minister Algirdas Butkevičius, pursued a disciplined fiscal policy to reduce the budget deficit, successfully bringing it below the EU's 3% of GDP threshold, a crucial step for European Commission approval.

Public opinion, however, presented a significant challenge. Throughout 2013, polls consistently showed a majority of Lithuanians were opposed to abandoning the litas, with concerns centered on fears of rising prices (the perceived "euro effect"), a loss of national identity, and skepticism about the benefits of joining a currency bloc still recovering from its own debt crisis. Despite this resistance, the political and business elite remained overwhelmingly in favor, viewing euro adoption as essential for enhancing investment security, reducing transaction costs, and solidifying Lithuania's place within the core of the European Union.

By the end of 2013, Lithuania had received the European Commission's positive recommendation to join the euro, having met all nominal convergence criteria. The European Council gave its final formal approval in July 2014, setting the stage for Lithuania to become the 19th Eurozone member on January 1, 2015. Thus, 2013 was a year of technical preparation and political determination, marking the conclusive chapter of Lithuania's journey to replace the litas with the euro.

Series: Lithuania's Road to Independence

25 Litai obverse
25 Litai reverse
25 Litai
2013
50 Litų obverse
50 Litų reverse
50 Litų
2013
50 Litų obverse
50 Litų reverse
50 Litų
2014
25 Litai obverse
25 Litai reverse
25 Litai
2014
20 Euro obverse
20 Euro reverse
20 Euro
2015
5 Euro obverse
5 Euro reverse
5 Euro
2015
💎 Extremely Rare