100 Francs

The Bank in Luzern was one of Switzerland's many cantonal and private note-issuing institutions that operated before the Swiss National Bank's founding in 1907 effectively ended their right of issue. This note belongs to that closing chapter — the 1883–1905 dating spans the period during which pressure from federalist monetary reformers was steadily building toward the SNB's establishment, making new issues from private banks increasingly provisional in character.

P#S390 falls under the "S" prefix in Pick, denoting a privately issued rather than government-authorized national note. Survivors in any condition are genuinely uncommon; most private Swiss cantonal issues of this period were systematically redeemed and pulped once the SNB absorbed circulation rights.