Liechtenstein commemorates 100 years of the Swiss franc

By David Hartwig

On Sept. 2 Liechtenstein issued a souvenir sheet with a single stamp commemorating 100 years since the introduction of the Swiss franc into the principality.

The 3.90-franc stamp features the design of a coin embossed with gold foil. In conjunction with the souvenir sheet, Liechtenstein issued six coins to mark the anniversary.

The selvage of the sheet shows Helvetia, the national allegory of Switzerland. The design comes from the 100fr banknote from the first series of the Swiss National Bank, first issued in 1907.

Prior to using the Swiss franc, Liechtenstein used the Austrian krone, a currency severely impacted by hyperinflation following World War I. Liechtenstein lost economic stability following the collapse of the Austro-Hungarian Empire.

Liechtenstein began exploring closer ties with its neutral neighbor, Switzerland, which had emerged from the war with a stable economy. The Swiss franc gradually gained acceptance, and Liechtenstein stamps began to be issued in Swiss denominations in 1921.

In 1922 national accounts were recorded in francs, and the Liechtenstein parliament formally introduced the new currency in April 1924.

This shift stabilized Liechtenstein’s economy and fostered a stronger political and economic relationship with Switzerland, which endures today.

Designed by Isabella Hutter and produced by Cartor Security Printing, the souvenir sheet measures 100 millimeters by 80mm, and the stamp measures 33mm by 45mm with gauge 14 by 13¾ perforations.

On Sept. 2 Liechtenstein also issued a first-day cover franked with the souvenir sheet and a maximum card franked with the stamp.

Liechtenstein stamps are available for purchase online.

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