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Zug Gulden

Switzerland

1800–1848

Reference data compiled from public catalogs

Estimated Melt Value

$56.68

Based on Silver spot price ($79.34/oz) · 90.0% purity · 24.69g

Updated 11:37 AM

Collector premium not included

Specifications

CountrySwitzerland
Years Minted1800–1848
Composition0.900 silver
Weight24.69 g
Diameter37 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the coat of arms of Zug.

Reverse

Displays the denomination, date, and value inscriptions.

History & Notable Facts

The Zug Gulden's silver content remained remarkably consistent at around 0.833 fineness throughout its production, a feat in an era of rampant debasement by neighboring states.

That stability didn't come easy; these coins were struck in Zug's modest mint, using dies that often borrowed from older Swiss designs to save on costs. The obverse typically featured the canton's arms—a shield with a fishhook and keys—while the reverse showed the value in a straightforward script. Variations exist, particularly in the earlier years, but records are spotty.

We don't know the exact mintage figures; most ledgers from that period vanished in various fires or reforms. If you're hunting one, expect wear from circulation; these were workaday money, not heirlooms.

Some call them "the reluctant revolutionaries" of Swiss coinage, holding out against federal standardization until 1848.

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