2012 12 06

Collectors snap up new colored coins issued by Bank of Lithuania

Collectors snapped up the Bank of Lithuania's first-ever colored coins, criticizing the central bank for the mintage being too low, the daily Lietuvos Rytas reports.

Spalvotos monetos. / Lietuvos banko nuotr.

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A queue of buyers formed outside the central bank's cash offices as early as 7 AM on Wednesday.

The central bank sold the new 2-litas coins for 30 litas (EUR 8.7) apiece or 120 litas for a set of four coins.

Resellers on the same day offered to buy the coins from collectors at a price five times higher than that.

The mintage of the collector coins, featuring the colored emblems of the resort towns of Birštonas, Druskininkai, Neringa, and Palanga, is 10,000 pieces.