Schilling

The monetary union between Uri and Nidwalden was a pragmatic arrangement among two of the smaller Forest Cantons, pooling minting authority to produce viable small change that neither could sustain alone. Joint issues of this kind were never common in the Swiss confederate system, where each canton jealously guarded its minting privileges, making the collaboration itself historically notable.

HMZ 1#2-977a is the sole catalogued variety for this type, suggesting limited die production across the five-year emission window.