Logo Title
obverse
reverse
Lietuvos Bankas

100 Litų (First Map of Grand Duchy of Lithuania) – Lithuania

Non-circulating coins
Commemoration: 400th Anniversary of Issuance of 1st Map of Grand Duchy of Lithuania
Lithuania
Context
Year: 2013
Issuer: Lithuania Issuer flag
Period:
(1918—1940)
Currency:
(1993—2014)
Demonetization: 1 January 2015
Total mintage: 4,000
Material
Weight: 56.56 g
Silver weight: 52.32 g
Composition: 92.5% Silver
Magnetic: No
Technique: Milled
Alignment: Medal alignment
Obverse
OBVERSE ↑
flip
Reverse
REVERSE ↑
References
KM: #Click to copy to clipboard198
Numista: #41703
Value
Exchange value: 100 LTL
Bullion value: $147.99
Inflation-adjusted value: 154.76 LTL

Obverse

Description:
The obverse depicts a stylized Lithuanian coat of arms within a shield, centered on a map of the Grand Duchy of Lithuania, surrounded by the inscriptions "LIETUVA 2013" and "100 LITŲ." It also bears the Lithuanian Mint's mintmark.
Inscription:
LIETUVA 2013

100 LITŲ

LMK
Translation:
Lithuania 2013

100 Litas

Lithuanian Mint
Script: Latin
Language: Lithuanian

Reverse

Description:
The reverse features a portrait of Radvila Našlaitėlis beside the number 400. Encircling the portrait are the inscriptions "PIRMASIS LIETUVOS DIDŽIOSIOS KUNIGAIKŠTYSTĖS ŽEMĖLAPIS" and "MIKALOJUS KRISTUPAS RADVILA NAŠLAITĖLIS," set against the background of the first map of the Grand Duchy of Lithuania.
Inscription:
PIRMASIS LIETUVOS DIDŽIOSIOS KUNIGAIKŠTYSTĖS ŽEMĖLAPIS

MIKALOJUS KRISTUPAS RADVILA NAŠLAITĖLIS

400
Translation:
THE FIRST MAP OF THE GRAND DUCHY OF LITHUANIA

MIKALOJUS KRISTUPAS RADVILA THE ORPHAN

400
Script: Latin
Language: Lithuanian

Edge

Plain

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.
💎 Very Rare