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Scudo d'Oro

Issuer City of Schwyz
Year 1510-1520
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Currency Guldiner (1503-1548)
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Obverse description A small imperial eagle displayed above the plain, unadorned archaic shield of Schwyz, rendered in a bold and archaic Gothic style characteristic of early sixteenth-century Swiss cantonal coinage. The shield occupies the lower central field, entirely blank, emphasizing the heraldic simplicity of the Schwyz arms. The eagle, with wings spread, surmounts the shield as a symbol of imperial authority. A Latin legend encircles the design within the outer border, reading MONETA :*: NO :*: SVITENSIS :★:, identifying this as a new coinage of Schwyz. The overall composition is struck on a somewhat irregular flan, as is typical of hammered gold coinage of the period.
Obverse script Latin
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Additional information

Schwyz occupies a peculiar place in Swiss monetary history: as one of the founding cantons of the Confederation, it held the political prestige to issue gold coinage but rarely had the economic infrastructure to do so at scale. This scudo d'oro belongs to a small window of production, almost certainly connected to the enormous influx of Italian coin types and trade patterns following Swiss mercenary dominance in northern Italy after the campaigns of the early sixteenth century. The Milanese and Venetian gold trade ran directly through confederate hands.

Surviving examples are genuinely rare. HMZ records only a handful of auction appearances across the twentieth century.

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