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Swiss 1939 Defense Coin

Switzerland

1939

Reference data compiled from public catalogs

Estimated Melt Value

$31.96

Based on Silver spot price ($79.36/oz) · 83.5% purity · 15g

Updated 8:51 AM

Collector premium not included

Specifications

CountrySwitzerland
Years Minted1939
Composition83.5% silver
Weight15 g
Diameter31 mm
ShapeRound
EdgeReeded

Design

Obverse

Depicts a standing Helvetia holding a spear and shield.

Reverse

Features the denomination, date, and the Swiss cross.

History & Notable Facts

The 1939 Swiss Defense Coin was minted to fund the country's mobilization efforts as World War II loomed.

That year, Switzerland struck these pieces in silver, drawing on designs that echoed the nation's fortified history. The obverse featured a standing soldier, rifle in hand, while the reverse showed the Swiss cross amid alpine motifs. Mintage figures remain unclear; records from that era are spotty at best.

What we know for sure is that the coin circulated briefly before being hoarded for its metal value. Not every piece survived the war unscathed.

Some numismatists quip that, like Swiss cheese, these coins have holes in their history.

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