1990 & 1991 Bi-metallic France 10 Franc Coins KM#964.1 by

Collectibles


1990 & 1991 Bi-metallic France 10 Franc Coins KM#964.1

Composition: Nickel center in aluminum bronze ring
Diameter: 23mm
1990 & 1991 Bi-metallic France 10 Franc Coins KM#964.1

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Monetary regimes in transition
Monetary regimes in transition Coins with a low mint equivalent would be culled (withdrawn from circulation) first. Thus the mint equivalent of a full-bodied 5-franc coin would be 222.2 ...

This important contribution to comparative economic history examines different countries' experiences with different monetary regimes. The contributors lay particular emphasis on how the regimes fared when placed under stress such as wars and/or other changes in the economic environment. Covering the experience of ten countries over the period 1700-1990, the book employs the latest techniques of economic analysis in order to understand why particular monetary regimes and policies succeeded or failed.


cryptogon.com » Is A Gold Swiss Franc In The Works?

I don’t agree with the part about credit being allowed on these accounts, but, wow!

Via: Forbes :

Now, in Switzerland, efforts are underway to create an official Gold Swiss franc (GSF) with a set of coins, each with a fixed content of gold. The proposed constitutional change would permit private institutions to issue an unlimited number of coins whose appearance, content and weight of gold, and definition would be under the supervision of the Swiss government.

For example, the smallest coin would have a face value of 1 GSF and have 0.1 grams of gold in its center, similar to today’s bi-metallic euro coins, and be worth—at today’s price of gold, about $4.00.

Five, 10, 20 and 50 GSF coins would have 0.5, 1.0, 2.0 and 5.0 grams of gold and today would be worth approximately $20, $40, $80 and $200 respectively....

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NewsDaily: SNB measures have little impact on soaring franc

The SNB said it would significantly boost franc supply in coming days including by conducting foreign exchange swap transactions, but it stopped short of direct intervention after its currency market forays ran up record losses last year.

The franc, which soared over 5 percent to almost reach parity with the euro amid a market rout on Tuesday, fell slightly after the SNB announcement, but later resumed its climb, trading up 0.3 percent at 1.0387 per euro at 4:10 a.m. EDT.

Market players said anything other than direct intervention by the central bank or the introduction of some kind of capital controls was unlikely to succeed in stemming further gains in the franc, seen as one of the few remaining safe havens.

"We think the SNB will continue to fight the rise of the franc in this manner, but the market will fight it too," said Tony Nyman of Informa Global Markets.

"It seems they want a parity test in euro-Swiss franc. With or without intervention the franc remains the safe haven of choice for FX investors."

...

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