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The money Museum

Contacts
Address: Totorių g. 2/8, LT-01121, Vilnius.
Tel. (+370 ~ 5) 268 03 34, 268 03 46.
Fax (+370 ~ 5) 268 03 35.
E-mail: muziejus[at]lb.lt 
http://www.pinigumuziejus.lt
Head of the Museum – Vidmantas Laurinavičius.
On "Facebook"
On "YouTube" 1997 m. Lietuvos monetų kalykla išleido pirmąją proginę auksinę 1 lito monetą

Information for Visitor

Opening hours
1 April – October 31:
Tuesday – Friday 10–19, Saturday 11–18.
November 1 – March 31:
Tuesday – Friday 9–18, Saturday 10–17.
Admission to the exposition halls is not later than 15 minutes before the Museum closing hour.
The Museum is closed on bank holidays designated by the laws of the Republic of Lithuania.  On the eve of bank holidays the Museum opening hours are shortened by 1 hour.

Admission
Visiting and excursions to the Museum are free of charge. For accounting purposes each visitor is given a souvenir ticket.

Excursions
Excursions and educational exercise shall be ordered in advance by telephone  268 0334, email muziejus[at]lb.lt or filling an application at http://www.pinigumuziejus.lt, specifying visitor age, education, requested theme of excursion or educational programme, contact information, etc. Duration of a survey excursion is about 1 hour.
Excursions are limited up to 30 visitors, teaching and educational events in the Conference Hall up to 25 visitors at a time.

Collection
The Museum collection consists of exhibits related to the history of banking and money. 

Expositions
The Money Museum opened after reconstruction by the Bank of Lithuania in the heart of Vilnius at the intersection of Gedimino Avenue and Totorių Street is inviting to take a look at its five halls on two floors occupying an area of 350 sq m. The Museum introduces visitors to the history of world money and banking, Lithuanian money, development of banking in our country since the emergence of the first credit institutions to the present day. 
The modern Money Museum not only provides visitors with a possibility to view the valuable exhibits and get acquainted with the information provided on the information stands, but to actively participate in the cognitive process on an individual basis as well. By virtue of the interactive training means observer becomes participant, as he is able to strike a souvenir plate on his own, weigh himself on a special scale, and find out his cost if he were of gold, platinum or silver. The pull-out drawers activating the videowall screen which provides financial and economic data on a selected country, the stand which broadcasts real time information about NASDAQ/OMX Vilnius securities trading will satisfy the needs of a most fastidious visitor. Virtual expositions, thematic films, games, specialised internet access – all this is available on computer terminals with touch screens. The Museum’s multilayer exposition, which combines the rich history of money and topical issues of today’s economic life, offers interesting information for everyone.
The idea and content of the Museum conception are enhanced by the designer’s idea to use the shape of the coin for the Museum furniture, finish and other equipment solutions. The applied up-to-date technological solutions (the stationary showcases from glued glass are dust-proof, light emitting diodes are used for illumination, the recuperative ventilation system maintains constant temperature and humidity) provide adequate environment for the exhibits and reduce energy costs.  The moving stands, lifts for the disabled enable viewing the exposition by visitors of different age groups, also by those disabled.

The History of Money Hall
In The History of Money Hall visitors are introduced to the development of money from its primitive forms like grain, cowrie shells, furs, amber to electronic money.  The exposition is grouped by easily memorable themes, which reflect the key stages in the history of money. In the centre of the exposition, ancient coin hoards and jewellery articles with coins are exhibited. The improvised mint is devised to introduce visitors to different coinage technologies: the primitive coinage tools come to life in the hands of the recreated 15th century coiner, and modern coin production processes are demonstrated on the screens installed right there. In this hall there is also installed an interactive scale which translates human body weight into gold weight or other metal weight, and calculates the person’s value in the currency of his choice. The artistic installations are close to the same theme. The Googol (by Antanas Gerlikas) installed in the floor of the hall, which bears likeliness to a river meander,  reflects permanent development of money, and a composition by Leonas Pivoriūnas, “Architectural Exposure”, created of the disintegrated former national currencies of the European Union Member States, marks Europe’s transition into a new epoch. 

The History of Banking Hall
The hall presents the development of banking in Lithuania since the emergence of the first credit institutions to the present day. The exhibits displayed in the showcases, information stands and documentary materials reveal the role of the Bank of Lithuania in pushing through the 1922 money reform, stabilising the country’s financial and credit market during the years of global crisis, the fall of national banking on Lithuania’s occupation by the Soviets is highlighted. Virtual exposition ”Money in Lithuania 1914–1945” reveals the political, economic and financial situation in the country during this period. Weary visitor can take a seat at the cashier’s table, standing right here, used in the Bank during the interwar period.

The Contemporary Money Hall
In this hall visitors are presented banknotes and coins used in different countries today. While viewing the circulation banknotes of different countries placed in special drawers, on the videowall one can view different information about a selected country; a lot of attention is also devoted to the Bank of Lithuania – the central bank of the Republic of Lithuania, among the major functions of which is currency issue. The exhibits displayed in the showcases tell about the production of contemporary Lithuanian money, its productions materials, the technological solutions applied by different producers; uncirculated specimen banknotes are displayed. Visitors are introduced to banknote security features and can check the banknote in hand by UV detector.  

The Lithuanian Money Hall
Here, one can have a view of the coins of the Grand Duchy of Lithuania, Republic of Lithuania and other territories that circulated on our territory. The moving stands installed in the furniture enable the visitor to individually regulate the height of viewing the cards with coins, with an additional button to raise or pull down the lens which also enables to examine the hardly visible tiny elements of a coin. Stationary cases display the commemorative coins of the Republic of Lithuania, and the 20 pull-out cases display the banknotes used in our country from the late 18th century to the present. On the 4 computer terminals visitors can find all virtual products of the Money Museum, view them without hindrance, use specialised internet services, and test their knowledge acquired at the Museum by solving tests. Having answered correctly all the questions provided the visitor wins a prize – souvenir banknote with an image of his/her own.   

The Exhibition and Education Hall
This hall, which admits up to 25 persons, is for educational events and temporary thematic expositions. It provides the speaker with the possibility of accessing the Internet, using audio technique, the visual display unit, DVD or other multimedia. Currently it houses an exhibition „The Return of Lost Valuables”.

Exhibitions
An exhibition “The Return of Lost Valuables” has been opened in the Exhibition and Conference Hall. It presents 240 silver jewellery articles of Lithuania, Russia and other countries produced from the late 18th century to the second half of the 20th century that the Bank of Lithuania acquired from precious metals buying centres at the time of the restoration of Lithuania’s independence with the aim of using the depreciating rubles and protecting valuables from being taken away to Moscow. The emergence of these articles in the Museum makes an interesting history.
After restoration of Independence in Lithuania, in 1990–1992 the Bank of Lithuania, seeking to use the depreciating rubles, bought precious metals and their scrap, ready to be taken away to Moscow, from jeweller’s shops and everyday service providers. 20.94 kg of gold and 197.97 kg of silver was bought for 12.61 million litas. All the acquired articles and their scrap were packed into 86 packages, sealed by lacquer seals and stored at the Bank of Lithuania in the old vault (presently, the Money Museum collections are stored there). 
On 22 August 1991, the State Assay Supervision Inspection of Lithuania (later – state enterprise “Lietpraba”) was given over 6 packages for carrying out an examination of the products and sorting them out. On 10 May 1993, the Bank of Lithuania concluded an agreement with this agency on the examination, sorting, restoration, packing and safe keeping of these products. “Lietpraba” specialists picked out the articles fit for restoration and the scrap only fit for recycling, and sorted them out by assay.  A total of 3.64 kg of gold (17% of the total amount of gold) and 23.64 kg of silver (12% of the total amount of silver) were sorted out. The packages, handled and sealed, lay in the enterprise up until 1997, when they were returned to the Bank of Lithuania.  
The other 80 packages were safe kept in the Bank’s vault unpacked. In observance of the 25 February 1999 Bank of Lithuania Board Resolution No. 26 “On articles and scrap of precious metals”, an agreement on the sorting, assay expertise, hallmarking, weighing and evaluation of the other valuables was signed with the Lithuanian Assay Office on 23 June 1999. The works provided for in the Agreement were accomplished on 3 March 2000. The overall amount of the articles of gold and gold scrap (together with the valuables sorted out in 1993) safe kept in the Bank of Lithuania is 20.9 kg, of those of silver 198.48 kg.   
A commission, set up by the 27 March 2000 ordinance No. 60 of the Director of Cash Department of the Bank of Lithuania,  took the inventories of the valuables by article. These were mainly items for everyday use like cutlery, candlesticks, tableware, jewellery and coins. The Commission, jointly with Bank of Lithuania Museum (presently – The Money Museum) staff, picked out the items of historical and cultural value, rarer coins, and suggested the Bank’s management to add them to the Museum collections.
By the 6 June 2002 Bank of Lithuania Board Resolution No. 77 “On the realization of articles of precious metals and their scrap”, part of the articles of precious metals of historical and numismatic value acquired in 1990–1992 were transferred to the Museum of the Bank of Lithuania. 29 gold coins (overall weight 200.6 g), 2,031 silver coins and 387 articles of silver (overall weight 45.53 g) found their way to the Museum stocks.  
By a Board resolution, the remaining acquisitions of articles of precious metals and their scrap were recognised as unnecessary and sold by way of auction.    During the auctions that took place in 2003–2005, the valuables were sold for 422.2 thousand litas.  
The valuables saved from destruction and added to the Museum stocks are exhibited in the exhibition “The Return of Lost Valuables”. The Lithuanian articles of silver are dominated by tableware manufactured in the late 18th century– the first half of the 20th century in the shops of Vilnius, Kaunas and Klaipėda masters. Most widely presented are articles of silver by the masters of Moscow, St Petersburg and other Russian cities of the 19th–early 20th c.c. and the production of jewellery plants of USSR cities of the second half of the 20th century.     Also, a gold watch, which had been safe kept in the vault at the Bank of Lithuania and recorded on the same valuables account, is exhibited.  It was given as a gift to Lithuania by a resident of the Russian city of Kaluga, E. Nikolayev during the economic blockade in 1990. Wishing to support the Lithuanian nation and in protest against the policy conducted by his country, he dedicated his father’s gold watch to the Foundation for the Freedom of Lithuania. 

Branch Museum

Exposition “History of Lithuanian Money and the Bank of Lithuania” in Kaunas
Address: Maironio g. 25, LT-44250, Kaunas.
Tel. (+370 ~ 37) 49 06 15.
Fax (+370 ~ 37) 22 82 06.
E-mail: rkupraitiene[at]kaunas.lb.lt 
http://www.lb.lt/lt/muziejus/renginiai_kaune.html#start
Opening hours: Wednesday and Thursday 9–12; 13–14.30.
Admission: free of charge.

Other news
The Museum was opened on 25 June 1999.
Founder – the Bank of Lithuania.  

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© Lithuanian Art Museum, © Association of Lithuanian Museums. ISSN 1648-8857 Page updated 23.05.2017
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