lexat on Nostr: In 1935, the Swiss 20 Franc Vreneli gold coin had a face value equal to its legal ...
In 1935, the Swiss 20 Franc Vreneli gold coin had a face value equal to its legal tender status. Today, that same coin trades for approximately 670 CHF based on its bullion value.
The physical coin remains unchanged: 6.45 grams total weight, containing 5.81 grams of pure gold.
The shift in price reflects the depreciation of fiat currency over time. Switzerland formally removed the gold backing of the Swiss Franc in 1999. When money supply expands without physical gold backing, the amount of currency required to purchase a fixed weight of precious metal increases.
Gold functions as a store of value. Fiat currency loses purchasing power through inflation.
Published at
2026-07-24 06:22:49 UTCEvent JSON
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"content": "https://blossom.ditto.pub/4da584dc448ca4c742a74ceb2edd5722f8dc28628a8a38a287de0df7b2e5dcee.jpeg\nIn 1935, the Swiss 20 Franc Vreneli gold coin had a face value equal to its legal tender status. Today, that same coin trades for approximately 670 CHF based on its bullion value.\nThe physical coin remains unchanged: 6.45 grams total weight, containing 5.81 grams of pure gold.\nThe shift in price reflects the depreciation of fiat currency over time. Switzerland formally removed the gold backing of the Swiss Franc in 1999. When money supply expands without physical gold backing, the amount of currency required to purchase a fixed weight of precious metal increases.\nGold functions as a store of value. Fiat currency loses purchasing power through inflation.",
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