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| Issuer | Uri, Schwyz and Unterwalden, Monetary Union of |
|---|---|
| Year | 1520 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ?VRANIE · SVIT · ET · VNDERVALDI |
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| Reverse lettering | S · MARTINVS · |
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| Additional information |
The Monetary Union of the Three Forest Cantons — Uri, Schwyz, and Unterwalden — was a pragmatic response to the chronic shortage of reliable gold coinage circulating through the central Swiss passes. These cantons controlled the St. Gotthard route, and the ducat was as much a commercial instrument for Alpine transit trade as anything else. The joint issue formalized a monetary agreement among polities that were politically allied but economically distinct.
Production was limited and short-lived. By the mid-sixteenth century the union had effectively ceased issuing gold, making survivorship from the 1520 emission genuinely rare.