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25 Francs - State Loan Bank
| Issuer | Darlehenskasse der Schweizerischen Eidgenossenschaft (Swiss Confederation State Loan Bank) |
|---|---|
| Year | 1914 |
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| Value | Log in to see details |
| Currency | Franc (1850-date) |
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|---|---|
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| Reverse description | Yellow-ochre and dark green on yellow-brown underprint. The design is dominated by three large concentric guilloche rosettes arranged horizontally across the centre, with two smaller rosettes flanking them at left and right, all rendered in fine lathe-work engraving. Four oval cartouches bearing the numeral 25 are placed at each corner, and the trilingual denomination inscriptions in French, German, and Italian are printed across the central guilloche in bold letterpress. |
| Reverse lettering | 25 25 VINGT CINQ FRANCS FÜNFUNDZWANZIG FRANKEN VENTI CINQUE FRANCHI 25 25 |
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| Comments |
The Darlehenskasse was a wartime emergency institution, created by Federal Council decree in August 1914 within days of general mobilization as the financial panic following the war's outbreak caused a run on Swiss banks and drained gold and silver from circulation. These notes were never Swiss National Bank issues — they were state loan certificates, intended as a temporary medium of exchange until confidence returned. The scheme was wound up in 1915, making the entire series short-lived.
Orell Füssli had been printing securities and official documents in Zurich for centuries and was the natural choice for a rapid domestic production run requiring no foreign contracting.