Depicts a maiden in stylized folk costume with ears of grain over her shoulder. It is semi-encircled by the inscriptions Latvian on the left and Republic on the right.

In 1929 the Latvian Ministry of Finance decided to issue a 5 Lati circulation coin depicting the head of a maiden, which would symbolize the Republic of Latvia and freedom. The image of the maiden on the coin is colloquially known as Milda (a Latvian female name). The model was Zelma Brauere (1900-1977), a proofreader of the State Securities Printing House.

The large Coat of arms of Latvia. Denomination and year of issue inscription "Five 5 Lati".

The Latvian national coat of arms was designed by the Latvian artist Rihards Zariņš. It combines symbols of Latvian national statehood, as well as symbols of its ancient historical districts:

• The three golden stars above the field represent three historical provinces: Vidzeme (Swedish Livonia), Latgale (Polish Livonia) and Kurzeme-Zemgale (Duchy of Courland and Semigalia).
• The golden sun in the field represents the sun of freedom. Sun symbol was used as a symbol of distinction and national identity by the Imperial Russian Army's Latvian Riflemen units during World War I. During the war, the sun was fashioned with 17 rays that symbolized the 17 Latvian inhabited districts.
• The bottom part of escutcheon is divided into two fieds where the red lion of Courland represents Kurzeme and Zemgale while the silver griffin of Polish Livionia represents Vidzeme and Latgale.

The red lion and silver griffin are also used as supporters. Base of the coat of arms is decorated with the branches of an oak tree, Quercus robur, which is one of Latvian national symbols.

Dievs, svētī Latviju! (God, Bless Latvia!) is the national anthem of Latvia. The words and music were written by Kārlis Baumanis (1834–1904).

POSITIONS
A: edge lettering reads upside-down when the Milda's portrait faces up
B: edge lettering reads normally when the Milda's portrait faces up