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Ducat

Issuer Obwalden, Republic of
Year 1732
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Composition Gold
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Obverse description Four-line Latin inscription occupying the central field, reading EXPOSITUS / VENERATIONI / PUBLICÆ. / 1732., the date appearing on the fourth line. A decorative garland arches above the inscription, while crossed laurel and palm branches fill the lower field, framing the text in an elegant wreath-like border. The entire design is enclosed within a toothed or beaded rim typical of milled Swiss cantonal gold coinage of the period.
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Reverse description Blessed Nicholas of Flüe (Niklaus von Flüe), the patron saint of Switzerland, depicted kneeling in devout prayer in the right field, his hands raised and holding a rosary, his gaze directed upward toward a radiant light emanating from the upper left. A naturalistic landscape with rocky terrain and foliage extends behind the figure. The reverse legend arcs around the upper portion of the field, identifying the subject. The composition reflects the Baroque devotional style characteristic of early eighteenth-century Swiss cantonal religious coinage.
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Additional information

Obwalden was among the smallest of the Swiss forest cantons, and its independent coinage issues were infrequent enough that each one reflected a specific fiscal or ceremonial need rather than routine monetary production. The 1732 ducat falls within a period when the canton still exercised its traditional minting rights, though these were increasingly symbolic given the dominance of larger Swiss monetary authorities.

HMZ 2#731g identifies this as a distinct die variety within the series — worth cross-referencing against the closely related 731f and 731h to confirm the specific emission.

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