Swiss Helvetia 2 Silver Francs

Monday, June 20, 2011 by admin



The country's name is on all the coins as "Confoederatio Helvetica", the Latin name of the Swiss Confederation, or "Helvetia" specified. The oldest coins are still valid today; the 10-centime coins dating back to 1879. They are therefore among the oldest still valid coins worldwide. To date, they have the same design and the same alloy (copper, nickel). Until 1967, the circulating coins with face values of 1/2 franc to 5 francs were of silver alloy. These were withdrawn because the price of silver alloy exceeded the face value.

Swiss Helvetia 2 Silver Francs The franc (sign: Fr. or SFr.; German: Franken, French and Romansh: franc, Italian: franco; code: CHF) is the currency and legal tender of Switzerland and Liechtenstein; it is also legal tender in the Italian exclave Campione d'Italia. Although not formally legal tender in the German exclave Büsingen (the sole legal currency is the euro), it is in wide daily use there. The Swiss National Bank issues banknotes and the federal Swissmint issues coins.
The Swiss franc is the only version of the franc still issued in Europe. The smaller denomination, a hundredth of a franc, is a Rappen (Rp.) in German, centime (c.) in French, centesimo (ct.) in Italian, and rap (rp.) in Romansh. The ISO code of the currency used by banks and financial institutions is CHF, although "Fr." is used by most businesses and advertisers; some use SFr.; the Latinate "CH" stands for Confoederatio Helvetica.
Given the quadrilingual populace, coins are language-neutral. Only Latin, as the last commonly spoken language on the territory of Switzerland, is used for inscriptions.

Swiss Helvetia 2 Silver Francs In 1850, coins were introduced in denominations of 1, 2, 5, 10, and 20 rappen and ½, 1, 2, and 5 francs, with the 1 and 2 rappen struck in bronze, the 5, 10, and 20 rappen in billon, and the franc denominations in .900 fine silver. Between 1860 and 1863, .800 fine silver was used, before the standard used in France of .835 fineness was adopted for all silver coins except the 5 francs (which remained .900 fineness) in 1875. In 1879, billon was replaced by cupro-nickel in the 5 and 10 rappen and by nickel in the 20 rappen. Both world wars only had a small effect on the Swiss coinage, with brass and zinc coins temporarily being issued. In 1931, the size of the 5 franc coin was reduced from 25 grams to 15, with the silver content reduced to .835 fineness. The next year, nickel replaced cupro-nickel in the 5 and 10 rappen. In the late 1960s, due to their linkage to the devaluing U.S. dollar, the prices of internationally traded commodities rose significantly. A silver coin's material value exceeded its monetary value, and many were being sent abroad for melting, which prompted the federal government to make this practice illegal.[14] The statute was of little effect, and the melting of francs only subsided when the collectible value of the remaining francs again exceeded their material value. The 1 rappen coin was still produced until 2006, albeit in ever decreasing quantities, but it did not play any great role in the monetary economy in the fourth quarter of the twentieth century (circa 1975 to 2000). People and groups who could justify the use of 1 rappen coins for monetary purposes could obtain them at face value; any other user (such as collectors) had to pay an additional 4 rappen per coin to cover the production costs, which had exceeded the actual face value of the coin for many years. The coin fell into disuse in the late 1970s and early 1980s but was only officially fully withdrawn from circulation and declared to be no longer legal tender as of 1 January 2007. The long-forgotten 2 rappen coin, not minted since 1974, was demonetized 1 January 1978.

The designs of the coins have changed very little since 1879. Among the notable changes were new designs for the 5 franc coins in 1888, 1922, 1924 (minor) and 1931 (mostly just a size reduction). A new design for the bronze coins was used from 1948. Coins depicting a ring of stars (such as the 1 franc coin seen beside this paragraph) were modified from 22 stars to 23 stars in 1983; since the stars represent the Swiss cantons, it was updated to represent the 1979 expansion of the Swiss federation, when Jura seceded from the Canton of Bern and became the 23rd canton. The 10 rappen coins from 1879 onwards (except the years 1918–19 and 1932–39) have had the same composition, size and design until now (2011) and are still legal tender and found in circulation.
All Swiss coins are language-neutral (at least with respect to Switzerland's four national languages), featuring only numerals, the abbreviation "Fr." for franc, and the Latin phrases "Helvetia", "Confœderatio Helvetica" (depending on the denomination) or the inscription "Libertas" (roman goddess of liberty) on the small coins. The name of the artist is present on the coins with the standing Helvetia and the herder.

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CREDIT SUISSE SWISS ST CROIX JOHN THOMAS VIRGINS ISLANDS 999 SILVER COIN RARE
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