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The Swiss franc was introduced at par with the French franc, at 4.5 g fine silver or 9 ⁄ 31 g = 0.29032 g fine gold (ratio 15.5). The currencies of the Swiss cantons were converted to Swiss francs by first restating their equivalents in German kronenthaler ( écu brabant ) of 25 + 5 ⁄ 7 grams fine silver, and then to Swiss francs at the ...
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.
These coins had face values of 10, 20 and 100 Swiss francs and were minted in a millesimal fineness of 900. The coins are sometimes colloquially called “Swiss Miss,” from the obvious obverse motif. [citation needed] The 20 franc coin's reverse shows the Swiss shield, featuring the Swiss Cross, and a wreath of oak along with the denomination ...
The report asserted that in 1945, the Vatican had confiscated 350 million Swiss francs ($1.5b 2020) in Nazi gold for "safekeeping," of which 150 million Swiss francs had been impounded by British authorities at the Austro-Swiss border. The report also stated that the balance of the gold was held in one of the Vatican's numbered Swiss bank accounts.
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.
The franc is any of various units of currency.One franc is typically divided into 100 centimes.The name is said to derive from the Latin inscription francorum rex (King of the Franks) used on early French coins and until the 18th century, or from the French franc, meaning "frank" (and "free" in certain contexts, such as coup franc, "free kick").
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