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50 Francs

Issuer St. Gallische Kantonalbank
Year 1868-1871
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Size 205 × 85 mm
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Obverse description Horizontal note with a central text panel bearing the issuer's name in Gothic script and the denomination "Fünfzig Franken" in large letterpress. Two allegorical female vignettes flank the central text, one at left and one at right, each seated within ornate engraved frames; the value numeral "50" appears in each of the four corners. A series designation and serial number are printed in the upper margin, with two manuscript signature lines for the bank director and the president of the banking commission above the date and place of issue at the lower centre.
Obverse lettering 50 50 Die St. Gallische Kantonalbank zahlt dem Ueberbringer Fünfzig Franken Der Bankdirektor Der Präsident der Bankcommission 50 St. Gallen den 4 August 1871. 50
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Comments

The St. Gallische Kantonalbank was one of dozens of cantonal institutions issuing their own paper currency before the Swiss federal government consolidated note-issuing authority — a process that dragged through the 1870s and was only fully resolved with the founding of the Swiss National Bank in 1907. This note predates the Federal Banking Law of 1881, which began imposing serious constraints on cantonal circulation.

Giesecke & Devrient in Leipzig handled the printing, as they did for numerous Swiss cantonal banks during this period. The firm had already built a strong reputation for security printing across German-speaking Europe by the 1860s.

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