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20 Francs

Uitgever Bank in St. Gallen
Jaar 1852
Type Standard circulation banknote
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Opschrift voorzijde FRANKEN 20 XX Serie Nᵒ.- Die Bank in Sᵗ. Gallen zahlt dem Ueberbringer gegen diese anweisung ZWANZIG FRANKEN neüe. Schweizer Währung. St. Gallen, den _ 18 _ Cassʳ. Presᵗ. Toppan, Carpenter, Casilear & Co. New York & Phila.
Beschrijving keerzijde Blank.
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Opmerkingen

The Bank in St. Gallen was one of several cantonal private banks that briefly flourished under Switzerland's decentralized monetary system before the Federal Banking Act of 1881 consolidated note-issuing authority. This particular note was printed by Toppan, Carpenter, Casilear & Co., a Philadelphia and New York security printing house best known for producing early U.S. federal currency and postage stamps — an unusual transatlantic arrangement for a Swiss cantonal institution.

Why a small northeastern Swiss bank contracted an American printer in 1852 rather than a European house is not well documented. The firm had a strong reputation for intaglio anti-counterfeiting work, which may have been the deciding factor.