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20 Francs

Issuer Banque Populaire de la Broye
Year 1865
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Shape Rectangular
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Obverse description Green-tinted note with the issuer's name 'BANQUE POPULAIRE DE LA BROYE' in bold letterpress across the upper centre, below which the promise text 'Il sera payé au porteur à présentation' leads to the large denomination inscription 'VINGT FRANCS'. The central vignette presents a pastoral rural scene with figures and architecture within an oval guilloche frame, flanked by two lateral vignettes — a church tower with landscape to the left and a rural agricultural composition to the right. The four corners bear numeral '20' and the word 'FRANCS', with serial number and series letter positioned at top and bottom, and signature lines for the President du Conseil d'Administration, the Caissier, and the Secrétaire Sérant at the lower portion.
Obverse lettering BANQUE POPULAIRE DE LA BROYE
Il sera payé au porteur à présentation
VINGT FRANCS
20
FRANCS
Le Président du Conseil d'Administration
Le Caissier
Le Secrétaire Sérant
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Comments

The Banque Populaire de la Broye was one of the small cantonal and regional note-issuing institutions that proliferated in Switzerland before the Federal Banking Act of 1881 consolidated note-issue authority and eventually extinguished these private banks' right to circulate paper. The Broye is a river valley straddling the cantons of Fribourg and Vaud, and the bank served an agricultural community with modest commercial needs — which is why surviving notes from this issuer are genuinely uncommon. They simply weren't printed in large quantities.

Pick 572 is listed with minimal documentation, and confirmed auction appearances are rare.

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