100 000 Schweizer Rubel

Not a banknote in any functional sense. This is a satirical propaganda piece issued by Swiss conservative or bourgeois political interests during the acute anxiety surrounding the spread of Bolshevism into Central Europe after 1917. The denomination — 100,000 "Swiss Rubles" — was a deliberate absurdity, mocking both Soviet currency and the Swiss left, which had staged a general strike in November 1918 that badly shook the political establishment.

The choice of 1921 is pointed: that year saw hyperinflation destroying the real ruble in Russia, and Swiss anti-socialist groups were keen to draw the comparison explicitly. Printed locally, these circulated as handbills or novelty items rather than through any official channel.