Passage des Lombards (2)

In the 19th century, the Valais was very poor. At the time, the Cantonal Bank was a mixed bank, a joint-stock company with State participation, which had collapsed around 1870, causing great distrust among the population. Farinet's 20-centime coins, all dated 1850, were very welcome and it seems that, at the time of the counterfeiter's work, they were one third of the coins in circulation!



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Passage des Lombards (2)

Abstract

In the 19th century, the Valais was very poor. At the time, the Cantonal Bank was a mixed bank, a joint-stock company with State participation, which had collapsed around 1870, causing great distrust among the population. Farinet's 20-centime coins, all dated 1850, were very welcome and it seems that, at the time of the counterfeiter's work, they were one third of the coins in circulation!

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