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Ducat

Issuer City of Schwyz
Year 1674
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Currency Gulden (1621-1674)
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Obverse description Equestrian figure of Saint Martin advancing to the left, depicted in armour and plumed helmet, with a kneeling beggar at lower right beneath the horse's raised foreleg. The date 16-74 appears divided by a small shield at the base of the inner field. The central design is enclosed within a beaded inner circle, with the Latin legend running in the outer margin between the inner circle and the beaded rim.
Obverse script Latin
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Additional information

Schwyz was one of the three original forest cantons whose 1291 alliance formed the nucleus of the Swiss Confederacy, but its independent coinage authority was exercised sparingly and gold issues are genuinely rare. By 1674, the canton's financial activity was shaped heavily by its lucrative trade in mercenary soldiers — the same revenue stream that funded civic infrastructure and, occasionally, prestige coinage. Ducats of this type circulated within a network of Italian and German merchant transactions where the denomination's near-pure gold content was trusted across political boundaries.

Fr#378 is a recognized rarity within Swiss cantonal gold.

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