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100 Gulden

Issuer Bank in St. Gallen
Year 1838
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Currency Gulden (1798-1850)
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Obverse lettering Die Bank in St. Gallen
zahlt dem Ueberbringer gegen diese Anweisung
HUNDERT GULDEN
im Vier und Zwanzig Cr. den Fuss.
St. Gallen den
Cafs'
Pres'
Reverse description No second image provided; the reverse composition of this note is not confirmed from available catalog sources.
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Comments

The Bank in St. Gallen was one of several cantonal and private note-issuing institutions that proliferated in Switzerland before the Federal Banking Act of 1881 consolidated and eventually eliminated their right of issue. In the 1830s, Swiss private banknote circulation was essentially unregulated at the federal level — each canton handled its own arrangements, and a 100 Gulden denomination would have represented a substantial sum, aimed at commercial rather than retail use.

The Gulden was already an awkward unit by 1838, with the Swiss franc gaining ground as the preferred accounting currency in many cantons. Notes denominated in Gulden from this period often had short practical lives before redenomination rendered them obsolete.

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