Liechtenstein Vereinsthaler, 186210 Liechtenstein franc gold coin from 1946, 2.90 g fine gold, minted according to the Latin Monetary Union standard
The Swiss franc (plural: francs; in German: Frank, plural: Franken) has been the currency of Liechtenstein since 1920. The Swiss franc is legal tender since Liechtenstein is in a customs and monetary union with Switzerland. The 1980 treaty between Switzerland and Liechtenstein allows Liechtenstein to mint limited amounts of Swiss francs with a Liechtenstein inscription, but only in the form of commemorative coins (mainly issued for collectors), and they are not allowed to issue banknotes.[1]
Liechtenstein used the Austrian krone and heller (and, of course, the Liechtenstein krone) until 1920,[2] and switched to the Swiss franc due to the krone's instability. Liechtenstein coins are so rare that they do not actually circulate, and no banknotes have been issued, with the exception of three emergency issues of heller in 1920.[3] Most of the Liechtenstein franc coins have the same amount of precious metal as the Swiss franc, except for the coins minted in the late 1980s and 1990s.
The highest number of Liechtenstein franc coins minted was the 1 franc minted in 1924; 60,000 were struck, but 45,355 of them were later melted. If the number of melted coins is excluded, the highest mintage would be the 50 franc piece minted in 1988 commemorating the 50th anniversary of the reign of Prince Franz Joseph II and the 10 franc piece minted in 1990 commemorating the succession of Prince Hans-Adam II. Both number 35,000.[4]
^Währungsvertrag vom 19. Juni 1980 zwischen der Schweizerischen Eidgenossenschaft und dem Fürstentum Liechtenstein Archived 2023-06-07 at the Wayback Machine (in German, French, and Italian)
^Anniversary of the Swiss franc in Liechtenstein Archived 2022-03-20 at the Wayback Machine. liechtenstein.li
^See www.BanknoteWorld.com Archived 2008-11-20 at the Wayback Machine for images
^Krause, Chester L.; Clifford Mishler (2003). 2004 Standard Catalog of World Coins: 1901–Present. Colin R. Bruce II (senior editor) (31st ed.). Krause Publications. ISBN 0873495934.
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