Category Archives: Swiss National Bank

Swiss Central Bank Moved Gold From Berne to Kandersteg Bunker

By Jan Nieuwenhuijs for Gainesville Coins …… In , it’s a state secret where the central bank stores its gold domestically. From all the information I could gather, I conclude that the Swiss central bank primarily stores its gold—and that of foreign central banks and the Bank for International Settlements—on Bundesplatz 1 in the capital […]

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Switzerland: National Bank announces that time limit to exchange old banknotes is eliminated

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On the 13th November, the Swiss National Bank decided to rescind the regulation which invalidates Swiss Franc banknotes from redemption after a specific posted date

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Switzerland: New silver coin continues the “Swiss Steamships” series featuring La Suisse

The Swiss Federal Mint have released (26th April) a new silver coin which continues with its three-part “Swiss Steamships” series started in 2017. The latest coin in the series is dedicated to the La Suisse steamship, which was first commissioned by the Sulzer brothers in 1908

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CoinWeek News Wire for April 6, 2018: Twit on Bitcoin, Fake Banknotes, Gold Caper

Coinweek News Wire for April 6, 2018 …. Current Events 1.) Filipinos Not Happy With New Coin Designs Even with this breakdown, it’s obvious that it’s not going to be easy to distinguish which coin is which. All have similar colors, identical layouts, and some are only a few millimeters bigger than others. For example, the PHP10 […]

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CoinWeek News Wire for December 29, 2017: Fake $100s, What is Crypto, Trump Challenge Coin

By Coinweek …. CoinWeek News Wire for December 29, 2017 Brain Food 1.) The economics of the Bitcoin payment system Unlike other payment systems, Bitcoin is a two-sided platform with pre-specified rules. Its two main constituencies are the users who hold balances and engage in electronic transactions, and miners who maintain the system’s infrastructure. A […]

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CoinWeek News Wire for October 13, 2017: Swiss 10 Franc, Money Monopoly

By Coinweek …. CoinWeek News Wire for October 13, 2017:  Brain Food 1.) Silver dollar artist: Orem sculptor designs WWI commemorative coin The most common mistake beginners make, contest officials told LeRoy Transfield, is adding too much detail. So the Orem sculptor meticulously planned every detail of his 8-inch plaster masterpiece: a soldier with a […]

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Swiss National Bank Releases New 20 Franc Note

Second ninth-series note showcases Switzerland’s creativity By Swiss National Bank …… The Swiss National Bank (SNB) will begin issuing the new 20-franc note on 17 May 2017. It is the second of six denominations in the new banknote series to be released. The current eighth-series banknotes will remain legal tender until further notice. The inspiration […]

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CoinWeek News Wire for April 28, 2017

By Coinweek …. CoinWeek News Wire for April 21, 2017 Brain Food 1.) The Hidden Science Of The New British Pound Coin There is however one security feature that the Royal Mint are being particularly cagey about, and that is the feature that they deem to make the coins the most difficult ever to forge. […]

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Switzerland Lands 2016 IBNS Banknote of the Year Award

By International Bank Note Society …… The International Bank Note Society (IBNS) announces that its voting membership has selected the Swiss National Bank to receive its prestigious “Bank Note of the Year Award” for 2016. With almost 120 new banknotes released worldwide during 2016, over half were of sufficiently new design to be eligible for […]

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Swiss Gold – Case Study for the Market

By Everett Millman – Gainesville Coins ……. Throughout their history, the Swiss have cultivated a long-standing reputation as an authority in the area of gold–both in their refining skill and in the wisdom of their monetary policy. Switzerland is not actually among the world’s leading importers or exporters of the metal, neither in terms of […]

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CoinWeek News Wire for July 29, 2016

By Coinweek …. CoinWeek News Wire for July 29, 2016 Brain Food 1.) Deciphering history through coins Another prized possession is the one with an imprint of Alexander [the Great] on the face of the coin. “It belongs to 327 B.C. and there is also a story that Alexander married an Indian tribal woman. I […]

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World Paper Money – Swiss Love Banknotes, Rebuff Plastic

As the world continues to adopt electronic methods of payment, Switzerland embraces the regular use of paper currency By Joshua McMorrow-Hernandez for Coinweek …….   At a time when the European Union is encouraging its member nations to eliminate high-denomination banknotes to help discourage criminal use of paper currency, independent Switzerland is keeping its 200- […]

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World Paper Money – Swiss Prepare for Release of Smaller Banknotes

By Joshua McMorrow-Hernandez for Coinweek ……. Switzerland is rolling out a new small-size 50-franc banknote on April 12, representing just the first of several smaller, high-tech banknotes that will begin circulating in the coming years. The arrival of the new Swiss currency series is long awaited; the new small-size notes were supposed to be issued […]

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Gainesville Coins Weekly Market Update – The New Normal and Geopolitics

Courtesy of  Everett Millman and  GainesvilleCoins.com ………. ABSTRACT: Increased volatility on the markets continued as this week was full of surprises, reversals, and unpredictable currents. The Swiss National Bank’s abrupt departure in monetary policy that unpegged the Swiss franc from the euro had the greatest immediate effect on the markets, but a disquieting uncertainty now […]

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