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20 Francs

Issuer Banque Populaire de la Broye
Year 1865
Type Standard circulation banknote
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Obverse lettering BANQUE POPULAIRE DE LA BROYE
Il sera payé au porteur à présentation
VINGT FRANCS
20
FRANCS
Le Président du Conseil d'Administration
Le Caissier
Le Secrétaire Sérant
Reverse description The reverse is printed on plain pale green paper without any primary engraved design, bearing only the mirror-image bleed-through impression of the obverse text and vignettes visible through the thin cotton paper, consistent with single-sided printing practice of mid-nineteenth-century Swiss cantonal banknotes.
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Comments

The Banque Populaire de la Broye was one of the small cantonal and regional note-issuing institutions that proliferated in Switzerland before the Federal Banking Act of 1881 consolidated note-issue authority and eventually extinguished these private banks' right to circulate paper. The Broye is a river valley straddling the cantons of Fribourg and Vaud, and the bank served an agricultural community with modest commercial needs — which is why surviving notes from this issuer are genuinely uncommon. They simply weren't printed in large quantities.

Pick 572 is listed with minimal documentation, and confirmed auction appearances are rare.