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Switzerland AV 20 Francs. Bern mint. Dated 1897. Switzerland AV 20 Francs (21mm, 6.47 g, 6h). Bern mint. Dated 1890. The 20 francs gold coin was introduced in 1883, in the same design as the 5 francs coin at the time (with the Liberty head by Albert Walch, facing left, on the obverse, and a coat of arms designed by Albert Walch on the reverse).
In 1925, 5,000 pieces of a 100 francs version were minted. The first series of banknotes, issued 1907, included no 10 or 20 francs denomination. The gold coins existed in circulation alongside the corresponding banknotes during 1911–1936. With the devaluation of 1936, the gold value of the 20 franc coin rose to 28 francs.
The coins were originally minted in two denominations, 20 and 40 francs for Napoléon Bonaparte. The 40-franc gold piece did not become popular. [8] The 20 franc coins are 21 mm in diameter (about the size of a U.S. five-cent piece or a Swiss 20 Rappen coin), weigh 6.45 grams (gross weight) and; at 90% pure, contain 0.1867 troy ounces (5.807 g) of pure gold.
Swiss German (one selection, terms vary in different dialects):; Füfräppler for a 5 centimes coin; Zëhräppler for a 10 centimes coin; Zwänzgräppler for a 20 centimes coin; [1] Stutz [2] or Franke [3] for a 1 franc coin or change in general; Füüfliiber for a 5 francs coin; [4] Rappe and Batze are specifically used for coin below 1 franc, but also figuratively for change in general [5] [6]
From then on, Liechtenstein francs were minted only for collection purposes, since the Swiss franc had become the main currency of Liechtenstein. In 1946 Prince Franz Josef II had two denominations of coins minted, with face values of 10 francs and 20 francs; and ten years later gold coins with face values of 25 francs, 50 francs and 100 francs.
Due to the fixed metallic content of the gold franc, its exchange rate with the Swiss franc would have gone up and down according to market supply and demand, like any other free-floating currency. The gold franc was intended to become a safe-haven currency, to divert international capital flows in times of financial crises away from the Swiss ...