1 Kreutzer - Frederick William III

Neuchâtel occupied a constitutional oddity that persisted well into the nineteenth century: simultaneously a Swiss canton and a Prussian principality, with Frederick William III holding the title of prince while answering to the Swiss Confederation on cantonal matters. This 1817–1818 issue was struck during that uneasy dual allegiance, roughly a decade before liberal pressure would force Prussia to grant Neuchâtel a representative constitution in 1848 — and thirty years before the principality was finally severed from Hohenzollern rule following the 1856–57 crisis.

The billon content is notably low even by petty coinage standards of the period, reflecting chronic small-denomination silver shortages that plagued Swiss cantons following the Napoleonic disruptions to regional minting.