24 Münzgulden

Lucerne struck this issue in the final years before the Helvetic Republic extinguished cantonal monetary authority in 1798. The city had maintained independent minting rights since the medieval period, and the 24 Münzgulden — valued at two-thirds of a ducat by Swiss reckoning — represented one of the last ambitious gold emissions from a canton that would never again strike coins in its own name.

The three-year production window reflects no single crisis but rather the ordinary pace of a small civic mint working against an deadline it did not yet know was coming.