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
| Country | Switzerland |
| Years Minted | 1800–1848 |
| Composition | 0.900 silver |
| Weight | 24.69 g |
| Diameter | 37 mm |
| Shape | Round |
| Edge | Reeded |
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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