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| 正面描述 | Unissued Zahlungs-Schein (payment certificate) printed in black letterpress on white paper, enclosed within an elaborate ornamental guilloche border. The heading 'ZAHLUNGS-SCHEIN' is set at upper centre, flanked by 'Serie A.' to the left and a numbered box to the right, with the denomination '200' occupying all four corners. The issuer's name is rendered in bold gothic type above the obligation text in German, with the value 'ZWEIHUNDERT FRANKEN' in a bold decorative typeface at centre, while spaces for date and manuscript signatures of the President and Cashier remain blank. |
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| 背面铭文 | ZWEIHUNDERT FRANKEN LÄNDLICHE SPAR- UND LEIHKASSE IN APPENZELL 200 |
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The Ländliche Spar- und Leihkasse Appenzell — the Rural Savings and Loan Bank of Appenzell — was one of a scattering of small cantonal cooperative credit institutions that issued their own notes during the decades before Switzerland's federal banking law progressively curtailed private note issue. The 188_ date field, left partially open at printing, places this note in the transitional period when such institutions were losing their emission rights to the Swiss National Bank's eventual predecessors.
At 200 Franken, this is a high-denomination issue for a rural cantonal lender of this size. Few examples are known to survive.