The Five Francs coin is a circulating denomination of the Swiss Franc. Given that Switzerland has four official languages, the Franc has three different names: Franken in German, franc in French and Romansh, and franco in Italian. Initially when federal Swiss coinage was introduced in 1850, all "francs" (including the half franc) were full-bodied silver, while the centimes were either billon (low-grade silver) or base metal.
Normal circulating coins went through several transformations: with a seated figure of Helvetia on the obverse, then a portrait of Helvetia, then the current design by Paul Burkhard. The earliest coins were issued with the specifications of the Latin Monetary Union until in 1931 when the coins were made smaller and the content was slightly debased. Starting in 1936, the country also occasionally issued circulating commemorative one-year type 5 Franc coins in silver to mark various important occasions.
After these were demonetised in 1971 and the denomination became copper-nickel (CuproNickel), Swissimint issued an extensive series of commemoratives between 1974 and 1990 (in parallel with the regular design), after which time it stopped issuing commemoratives in this denomination and returned to the regular design only.
The 1988 Five Francs commemorative coin is dedicated to the Olympic Movement.
The Olympic Movement is the concerted, organised, universal and permanent action, carried out under the supreme authority of the IOC, of all individuals and entities who are inspired by the values of Olympism. It covers the five continents. It reaches its peak with the bringing together of the world’s athletes at the great sports festival, the Olympic Games. Its symbol is five interlaced rings. The goal of the Olympic Movement is to contribute to building a peaceful and better world by educating youth through sport practised in accordance with Olympism and its values.
Coins issued in 1988 had incuse edge lettering (cut into the metal and not in relief as the later ones). Due to extensive forgeries, they were withdrawn from circulation and demonetised on 1st January 2004; thus, they circulated for less than 16 years. |