Cryptocurrency Q&A
What happened to Swiss franc coins?
What happened to Swiss franc coins?
StarlitFantasy
Sat Dec 21 2024
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5 answers
1309
I'm curious about the fate of Swiss franc coins. Have they undergone any significant changes or developments recently? I'd like to know more about what's been happening with these coins.
5 answers
benjamin_stokes_astronomer
Mon Dec 23 2024
The melt value of certain Swiss franc coins was significantly higher than their face value during a specific period.
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SumoPride
Mon Dec 23 2024
Specifically, the 1⁄2, 1, and 2 franc pieces had a melt value that was approximately 46% greater than their nominal worth.
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Giuseppe
Mon Dec 23 2024
Despite this increase in melt value, the 5 franc coin maintained a slight premium over its melt value of 4.38 francs.
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Sara
Mon Dec 23 2024
This disparity in value led to unintended consequences in the Swiss economy.
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Riccardo
Sun Dec 22 2024
Due to the higher melt value, individuals began illegally melting the 1⁄2, 1, and 2 franc coins, causing a severe shortage of cash in Switzerland.
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