History of Switzerland
Switzerland's most important exports during the war were precision machine tools, watches, jewel bearings (used in bombsights), electricity, and dairy products. During World War Two, the Swiss franc was the only remaining major freely convertible currency in the world, and both the Allies and the Germans sold large amounts of gold to the Swiss National Bank. Between 1940 and 1945, the German Reichsbank sold 1.3 billion francs worth of gold to Swiss Banks in exchange for Swiss francs and other foreign currency.
Branch mint
The current Swiss mint is located in Bern (B). In the past, Swiss coins were manufactured in Bruxelles/Brussels (B.), Strasbourg (BB) and (AB) and Paris (A). French coins of the First French Empire were made in Geneva. Most of the Swiss Cantons were still producing their own coinage in 1848 when Switzerland re-constituted itself as a Confederation and, in 1850, pegged the newly adopted Swiss franc to the French franc.