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Swissmint
Swissmint is the official mint of the Swiss Confederation. Located in the Swiss capital city Bern, it is responsible for manufacturing Swiss franc coins, both of the currency and bullion variety. Apart from making coins for the government, Swissmint also manufactures medals and commemorative coins for private customers. Status Swissmint is an agency of the Swiss federal government. It is part of the Federal Finance Administration, which in turn belongs to the Federal Department of Finance. Since 1998, the Official Mint of the Confederation operates as an independent business unit under the name ''Swissmint''. As of 2005, Swissmint has 21 employees. Building The mint's building is a heritage site of national significance. It was built in 1903–06 based on designs by Theodor Gohl to replace an older building at the ''Gerberngraben''. The sober, industrial-style yellow brick building is fronted by a Neo-Renaissance façade in marble and sandstone. Notes and references See ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Franc
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. It is also designated through currency signs ''Fr.'' (in German language), ''fr.'' (in French language, French, Italian language, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for Franc. This acronym also serves as the ISO 4217 currency code, used by banks and financial institutions. The smaller denomination, a hundredth of a franc, is a (Rp.) in German, (c.) in French, (ct.) in Italian, and (rp.) in Romansh. The official symbols ''Fr.'' (German symbol) and ''fr.'' (Latin languages) are widely used by businesses and advertisers, also for the English language. According to ''Art. 1 SR/RS 941.101'' of the federal law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bern
Bern (), or Berne (), ; ; ; . is the ''de facto'' Capital city, capital of Switzerland, referred to as the "federal city".; ; ; . According to the Swiss constitution, the Swiss Confederation intentionally has no "capital", but Bern has governmental institutions such as the Federal Assembly (Switzerland), Federal Assembly and Federal Council (Switzerland), Federal Council. However, the Federal Supreme Court of Switzerland, Federal Supreme Court is in Lausanne, the Federal Criminal Court of Switzerland, Federal Criminal Court is in Bellinzona and the Federal Administrative Court (Switzerland), Federal Administrative Court and the Federal Patent Court (Switzerland), Federal Patent Court are in St. Gallen, exemplifying the federal nature of the Confederation. With a population of about 146,000 (), Bern is the List of cities in Switzerland, fifth-most populous city in Switzerland, behind Zürich, Geneva, Basel and Lausanne. The Bern agglomeration, which includes 36 municipalities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (coin)
A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands. In modern mints, coin dies are manufactured in large numbers and planchets are made into milled coins by the billions. With the mass production of currency, the production cost is weighed when minting coins. For example, it costs the United States Mint much less than 25 cents to make a quarter (a 25 cent coin), and the difference in production cost and face value (called seigniorage) helps fund the minting body. Conversely, a U.S. penny ($0.01) cost $0.015 to make in 2016. History The first minted coins The first mint was likely established in Lydia in the 7th century BC, for coining gold, silver and electrum. The first coins known to be minted on E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Finance Administration
The Federal Finance Administration (FFA) is the Swiss federal office responsible for drawing up the Confederation's budget, financial plan and accounts, managing its treasury, and for the Equalization Payments in Switzerland, financial equalization between the Confederation and the cantons. It is subordinated to the Swiss Federal Department of Finance. The FFA also supervises Swissmint (the official Mint (coin), mint of the Confederation) and the Central Compensation Office (CCO) in Geneva (responsible for implementing the Swiss social security). Notes References External links * Federal offices of Switzerland {{gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Department Of Finance
The Federal Department of Finance (FDF, , , , ) is one of the seven Ministry (government department), departments of the Swiss federal government. The department is headquartered in Bern and headed by a member of the Federal Council (Switzerland), Swiss Federal Council, Switzerland's finance minister. Initially, in 1848, the department was called "Department of Finance", then, from 1873 "Department of Finance and Customs", until it received its present designation in 1978. Organisation The Department is composed of the following offices: * General Secretariat * State Secretariat for International Financial Matters (SIF) * Federal Finance Administration (FFA): Responsible for the budget, financial planning, financial policy, the federal treasury and Equalization Payments in Switzerland, financial equalisation between the Confederation and the cantons. It also supervises the Swissmint, federal mint and the Central Compensation Office (CCO) in Geneva (responsible for implementin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss National Bank
The Swiss National Bank (SNB; ; ; ; ) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking economic developments into consideration. The SNB is an ''Aktiengesellschaft'' under special regulations and has two head offices, one in Bern and the other in Zürich. History The bank formed as a result of the need for a reduction in the number of commercial banks issuing banknotes, which numbered 53 sometime after 1826. In the 1874 revision of the Federal Constitution it was given the task to oversee laws concerning the issuing of banknotes. In 1891, the Federal Constitution was revised again to entrust the Confederation with sole rights to issue banknotes. 1905 foundation The Swiss National Bank was founded under the law of 6 October 1905 ('the National Bank Act'), which entered into force on 16 January 1906. Business was started on 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Bern
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cultural Property Of National Significance In The Canton Of Bern
Culture ( ) is a concept that encompasses the social behavior, institutions, and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, attitudes, and habits of the individuals in these groups.Tylor, Edward. (1871). ''Primitive Culture''. Vol 1. New York: J. P. Putnam's Son Culture often originates from or is attributed to a specific region or location. Humans acquire culture through the learning processes of enculturation and socialization, which is shown by the diversity of cultures across societies. A cultural norm codifies acceptable conduct in society; it serves as a guideline for behavior, dress, language, and demeanor in a situation, which serves as a template for expectations in a social group. Accepting only a monoculture in a social group can bear risks, just as a single species can wither in the face of environmental change, for lack of functional responses to the change. Thus in military culture, valor is counted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mints Of Europe
A mint or breath mint is a food item often consumed as an after-meal refreshment or before business and social engagements to improve breath odor. Mints are commonly believed to soothe the stomach, given their association with natural byproducts of the plant genus ''Mentha''. Mints sometimes contain derivatives from plants such as peppermint oil or spearmint oil, or wintergreen from the plant genus ''Gaultheria''. However, many of the most popular mints citing these natural sources contain none in their ingredient list or contain only trace amounts. History The production of mints as a discrete food item can be traced back to the 18th century with the invention of Altoids. The popularity of mints took off in the early 20th century, with the advent of mass urbanization and mass marketing. Advertising for mints focused on their convenience, and on the socially isolating effects of bad breath. These advertisements targeted young people generally, and young women particularly. Mint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1848 Establishments In Switzerland
1848 is historically famous for the wave of revolutions, a series of widespread struggles for more liberal governments, which broke out from Brazil to Hungary; although most failed in their immediate aims, they significantly altered the political and philosophical landscape and had major ramifications throughout the rest of the century. Ereignisblatt aus den revolutionären Märztagen 18.-19. März 1848 mit einer Barrikadenszene aus der Breiten Strasse, Berlin 01.jpg, Cheering revolutionaries in Berlin, on March 19, 1848, with the new flag of Germany Lar9 philippo 001z.jpg, French Revolution of 1848: Republican riots force King Louis-Philippe to abdicate Zeitgenössige Lithografie der Nationalversammlung in der Paulskirche.jpg, German National Assembly's meeting in St. Paul's Church Pákozdi csata.jpg, Battle of Pákozd in the Hungarian Revolution of 1848 Events January–March * January 3 – Joseph Jenkins Roberts is sworn in as the first president of the indepe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Policy
Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rate of inflation). Further purposes of a monetary policy may be to contribute to economic stability or to maintain predictable exchange rates with other currencies. Today most central banks in developed countries conduct their monetary policy within an inflation targeting framework, whereas the monetary policies of most developing countries' central banks target some kind of a fixed exchange rate system. A third monetary policy strategy, targeting the money supply, was widely followed during the 1980s, but has diminished in popularity since then, though it is still the official strategy in a number of emerging economies. The tools of monetary policy vary from central bank to central bank, depending on the country's stage of development, inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknotes
A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. By extension, the word "banknote" is sometimes used (including by collectors) to refer more generally to paper money, but in a strict sense notes that have not been issued by banks, e.g. government notes, are not banknotes. National banknotes are often, but not always, legal tender, meaning that courts of law are required to recognize them as satisfactory pay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
