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| Slot: |
100 Litu 1922 November Issue P20s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
100 Litu 1922 |
| Grade: |
PMG 64 |
| Cert #: |
1906623-022
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Owner Comments
Lithuania money Litas 100 Litu banknote of 1922
Bank of Lithuania - Lietuvos Bankas
Obverse: Portrait of Vytautas the Great, Grand Duke of Lithuania at right. The Coat of arms of Lithuania - Vytis ("the Chaser") at left.
Reverse: Two women at left and right.
The note is decorated throughout with various Lithuanian folk motifs.
Printed at the Andreas Haase printing house in Prague, Czechoslovakia.
The patterns of the litas note were designed by the artist Adomas Varnas who headed the commission supervising the printing in Prague.
The text on the face of the permanent banknote series translates, “Bank of Lithuania, Kaunas, November 16, 1922, Bank of Lithuania. 100 Litas. One Litas contains 0.150462 grams of pure gold.” Based on the gold standard, the litas at the time was worth U.S. 10¢. Also contained on the face are the signatures of the officials of the Bank of Lithuania for the denominations 2 litas and higher: “V. Jurgutis, A. Prusas, P. Grajauskas, J. Paknys, and Julius Kaupas.” The various centas denominations and the 1 litas note were ordered by the Finance Ministry before the Bank of Lithuania was organized, and so contain Finance Ministry signatures. In addition to the denomination designations, the backs of the 1922 series carry the warning which translates “Counterfeiting Banknotes is Punishable by Law.”
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| Slot: |
50 Litu December 11 1924 Issue P24s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
50 Litu 1928 - Wmk: Man's Head |
| Grade: |
PMG 68 EPQ |
| Cert #: |
1832277-004
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Owner Comments
Lithuania Currency 50 Litu banknote 1928
Bank of Lithuania - Lietuvos Bankas
Obverse: Portrait of Jonas Basanavicius at left. The Columns of Gediminas or Pillars of Gediminas at lower center.
Reverse: The facade of the Vilnius Cathedral at center.
Watermark: Kestutis, Grand Duke of Lithuania.
Designer: Adomas Galdikas.
Printer: Bradbury Wilkinson & Co. England.
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| Slot: |
20 Litu 1929-30 Commemorative Issue P27s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
20 Litu 1930 - "Commemorative" |
| Grade: |
PMG 67 EPQ |
| Cert #: |
8014928-038
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Owner Comments
Lithuania Currency Litas 20 Litu banknote of 1930
Obverse: Portrait of Vytautas the Great, Grand Duke of Lithuania at left. Church of Vytautas the Great or the Church of the Assumption of the Holy Virgin Mary at center. Signs of Vytautas the Great at right (capital letter "V" in the upper left corner and crossed sabre and spear head on the right. In 15 c. such marking was engraved on monetary units of the Grand Duchy of Lithuania.) Denominations in numerals are in all corners. Centered in words.
Signatures: V. Stašinskas, J. Paknys, J. Masiulis, I. Musteikis, V. Statkus.
Reverse: The paddle steamer on the Neman river, in Kaunas (centered). The reverse also depicts the Statue of Liberty by Juozas Zikaras, commemorating the declaration of Lithuania's independence in 1918. Denominations in numerals are on right side, top right and lower left. In center in words.
Size: 138 x 76 mm.
Designer: Adomas Galdikas.
Printer: Bradbury Wilkinson & Co. England.
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| Slot: |
1 (Talonas) 1992 Issue P39s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
1 (Talonas) 1992 |
| Grade: |
PMG 65 EPQ |
| Cert #: |
1831738-002
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Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
10 (Talonas) 1992 Issue P40s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
10 (Talonas) 1992 |
| Grade: |
PMG 66 EPQ* |
| Cert #: |
1831738-003
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Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
50 (Talonas) 1992 Issue P41s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
50 (Talonas) 1992 |
| Grade: |
PMG 66 EPQ |
| Cert #: |
1831738-004
|
Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
100 (Talonas) 1992 Issue P42s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
100 (Talonas) 1992 |
| Grade: |
PMG 64 EPQ |
| Cert #: |
1831738-005
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Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
200 (Talonas) 1992 Issue P43s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
200 (Talonas) 1992 |
| Grade: |
PMG 66 EPQ |
| Cert #: |
1831738-006
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Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
500 (Talonas) 1992 Issue P44s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
500 (Talonas) 1992 |
| Grade: |
PMG 64 EPQ |
| Cert #: |
1831738-007
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Owner Comments
The second Talonas reform 1992
Bank of Lithuania - Lietuvos Bankas
In the summer of 1992, everybody anticipated that the talonas would shortly be replaced by a permanent currency, the litas. Lithuania was desperately lacking cash (some workers were paid in goods rather than in cash) as Russia tightened its monetary policy. In addition, litas coins and banknotes had already been produced and shipped to Lithuania from abroad. However, on 1 May 1992, it was decided to reintroduce the talonas as an independent, temporary currency to circulate alongside the ruble in hopes to deal with inflation. A dual currency system was created. On 1 October 1992, the rouble was completely abandoned and replaced by the talonas. Lithuania was the last of the Baltic states to abandon the ruble. The self-imposed deadlines to introduce the litas were continuously postponed without clear explanations.
Nicknamed "Vagnorkes" or "Vagnoriukai" after Gediminas Vagnorius or "zoo tickets" after various animals native to Lithuania featured on the notes, the talonas did not gain public trust or respect. The banknotes were small and printed on low quality paper. People were reluctant to use them. Nevertheless, the talonas served its purpose: inflation at the time was greater in Russia than in Lithuania. Inflation in 1992 rose steadily due to an energy price spike after Russia increased oil and gasoline prices to world levels and demanded to be paid in hard currency.
On June 25, 1993, the litas was introduced at the rate of 1 litas = 100 talonas. Worthless talonas were recycled into toilet paper in the Grigiškes paper factory.
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| Slot: |
500 Talonu 1993 Issue P46s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
500 Talonu 1993 |
| Grade: |
PMG 67 EPQ |
| Cert #: |
1831738-008
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Owner Comments
The third Talonu reform 1993
Bank of Lithuania - Lietuvos Bankas
In 1993, notes were issued by new designs of the 200 and 500 Talonu notes.
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| Slot: |
100 Litu 1991 Dated Issue (1993) P50s |
| Item: |
Lithuania, Bank of Lithuania "SPECIMEN"
100 Litu 1991 (ND 1993) - Printer: USBC |
| Grade: |
PMG 67 EPQ |
| Cert #: |
1831738-001
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Owner Comments
Banknotes of Lithuania 100 Litu banknote 1991
Bank of Lithuania - Lietuvos Bankas
Obverse: Portrait of Simonas Daukantas (1793 – 1864) was a Lithuanian writer, ethnographer and prose historian; National coat of arms - Vytis (Knight on horseback).
Reverse: One of the biggest in Central and Eastern Europe - Vilnius Old Town (Senamiestis, Altstadt); in the centre, Vilnius University, established in 1579 and St. John's church.
Watermark: Simonas Daukantas.
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