Liechtenstein has no mint of its own and has historically contracted production to Bern. This 1946 issue was struck at the Swiss Federal Mint, a relationship the principality depended on throughout the twentieth century for all its coinage needs. Franz Josef II, who came to power in 1938, used these gold issues partly to assert a quiet financial independence — Liechtenstein had formally ended its customs union with Austria after WWI and aligned itself economically with Switzerland, a pivot that shaped every aspect of its monetary output for decades.
Mintage for the 1946 date was extremely limited, and the coin saw essentially no circulation.
Liechtenstein has no mint of its own and has historically contracted production to Bern. This 1946 issue was struck at the Swiss Federal Mint, a relationship the principality depended on throughout the twentieth century for all its coinage needs. Franz Josef II, who came to power in 1938, used these gold issues partly to assert a quiet financial independence — Liechtenstein had formally ended its customs union with Austria after WWI and aligned itself economically with Switzerland, a pivot that shaped every aspect of its monetary output for decades.
Mintage for the 1946 date was extremely limited, and the coin saw essentially no circulation.