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V15 2012 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 15, Number 41, September 30, 2012, Article 24

THE PEOPLE OF ZURICH AND THEIR MONEY

Ursula Kampmann has published a new installment in her series on the money of Zurich in the latest Coinsweekly. Here's a couple introductory paragraphs and some images that caught my eye. Be sure to read the whole thing online. -Editor

Our occasional series ‘The People of Zurich and their Money’ will present one exciting chapter of Swiss numismatics and economic history at a time. The introduction provides an initial overview in two parts. This second section takes us from the Thirty Years War all the way to the present day.

Zurich. 5 ducats 1720 obverse Zurich. 5 ducats 1720 reverse
Zurich. 5 ducats 1720

The people of Zurich had the great fortune of being able to stay out of the Thirty Years War and, so, were spared its devastation. This fortunate position also allowed them to undergo a rebuilding boom earlier than neighbouring lands. By the last quarter of the 17th century, at latest, Zurich was taking in more money in taxes than it could ever manage to spend. Ten thousand gulden poured into the state treasury every year, quite a substantial sum at the time. Even more staggering is the fact that between 1672 and 1798, at a time when most other territorial rulers in Europe were on the verge of or even declaring bankruptcy, Zurich managed to generate a net profit of just over three million gulden.

Zurich. Double doubloon of 32 francs, 1800 obverse Zurich. Double doubloon of 32 francs, 1800 reverse
Zurich. Double doubloon of 32 francs, 1800

To read the complete article, see: Introduction 'The People of Zurich and their Money' Part 2 (www.coinsweekly.com/en/Introduction-The-People-of-Zurich
-and-their-Money-Part-2/8?&id=226&type=a)

Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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