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10 Francs
| Issuer | Caisse Hypothécaire du Canton de Fribourg |
|---|---|
| Year | 1856 |
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| Shape | Rectangular |
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| Obverse description | The note is laid out in a horizontal format with a plain typographic design characteristic of mid-19th century Swiss cantonal issues. A central panel carries the bold letterpress inscription "DIX FRANCS" as the denomination, above which the issuing authority text reads "La Caisse Hypothécaire du Canton de Fribourg paiera au porteur à présentation" in a serif typeface. The canton of Fribourg's arms appear in a small vignette at the top centre, flanked by the numeral "10" on each side, with ornate guilloche border panels running along the left and right margins. |
|---|---|
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| Reverse description | No second image was provided; the reverse description cannot be determined from available sources. |
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| Comments |
The Caisse Hypothécaire du Canton de Fribourg was a cantonal mortgage institution, not a central bank — its right to issue circulating notes was a practical concession of mid-nineteenth century Swiss federalism, before the National Bank existed and before uniform currency regulation had any real teeth. Cantonal and private issuers flooded the Confederation with competing paper during this period, and Fribourg's mortgage bank was among the more conservative participants, backing issues against real property rather than commercial credit.
The 1856 date places this note squarely in the chaotic decade before the Federal Banking Act of 1881 began forcing smaller cantonal issuers out of the note-issuing business entirely.