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| Issuer | Crédit Gruyérien à Bulle |
|---|---|
| Year | 1874 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | CRÉDIT GRUYÈRIEN A BULLE FRANCS 100 BULLE, le 1 Janvier 1874. Le Président: Le Directeur: Le Secrétaire Caissier: 100 CRÉDIT GRUYÈRIEN à BULLE 100 Il sera payé en espèces à vue au porteur CENT FRANCS Le Directeur: Le Président: Le Secrétaire Caissier: |
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| Reverse lettering | 100 CRÉDIT GRUYÈRIEN 100 à BULLE Emission du 1er Janvier 1874. |
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| Comments |
Crédit Gruyérien à Bulle was one of the cantonal private banks of emission operating under the Swiss note-issuing regime before federal consolidation. The 1874 date places this squarely in the pluralist period when dozens of Swiss cantonal and private institutions each circulated their own paper — a system the Federal Banking Law of 1881 began dismantling, with the Swiss National Bank eventually absorbing all private issuing rights after 1907.
Bulle is the commercial heart of the Gruyère district in Fribourg, and a regional agricultural lender issuing 100-franc notes in 1874 would have served a fairly narrow catchment. Survival rate for such provincial Swiss private issues is predictably low; most were redeemed and pulped during the transition to centralised currency.