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10 Francs
| Issuer | Die Bank in Glarus |
|---|---|
| Year | 1852 |
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| Currency | Franc (1852-1906) |
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| Obverse description | The face of this Swiss cantonal note is dominated by a large ornate oval guilloche border with elaborate foliate scrollwork, enclosing the denomination text and issuer name. The numeral 10 appears in decorative cartouches at the left and right flanks of the oval frame, while a small Swiss cantonal coat of arms surmounts the vignette at the top. Two manuscript signatures appear below the issuer name, attributed to the Direktor and Präsident respectively, with the emission date inscribed along the lower arc of the oval. |
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| Obverse lettering | Zehn Franken Silber oder Gold zahl gegen diesen Cassaschein Die Bank in Glarus. 10 10 Direktor Präsident Emission 1. Oktober 1852 |
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| Comments |
Die Bank in Glarus was one of several cantonal free banks operating under Switzerland's decentralized monetary system before the Federal Banking Act of 1881 and the eventual consolidation that produced the Swiss National Bank in 1907. During the mid-nineteenth century, individual cantons and private institutions issued their own notes with little federal oversight, and Glarus — a small, industrialized canton hit hard by emigration pressures in the 1840s — was no exception.
Pick S326 is a private bank issue in the truest sense. Notes from the smaller Swiss cantonal banks of this period were frequently redeemed and destroyed as consolidation proceeded, making survivors genuinely uncommon.