Liechtenstein’s currency, which was tied to its neighbor Austria-Hungary in the years before WWI, had that link broken by the uncertainties of the postwar. Instead, Liechtenstein forged currency and trade ties with its other neighbor, Switzerland.
A new currency, the frank, linked to the Swiss franc in 1920, was issued in coin form beginning with coins dated 1924. This 1900 1-krone type was identical in weight and fineness to the Swiss 1-franc as well as to the previous Austro-Hungarian corona/koruna, but that wasn’t enough to save it. Instead it was retired in August 1920, and was replaced by the 1-frank coins of the new currency.
As circulating coinages, both this krone and the later frank were short-lived. The Swiss franc has done the day-to-day coin-work in Liechtenstein for many decades now.
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