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40 Francs 2nd series, reserve banknote

Issuer Schweizerische Nationalbank
Year 1914
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Value 40 Francs
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Obverse lettering 40 SCHWEIZERISCHE NATIONALBANK BANCA NAZIONALE SVIZZERA BANQUE NATIONALE SUISSE VIERZIG FRANKEN QUARANTE FRANCS QUARANTA FRANCHI Gesetzgebung über die Schweiz. Nat. Bank Bern und Zürich, 1. September 1914. Der Präsident des Bankrates: Der Hauptkassier: Ein Mitglied des Direktoriums: 40
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Reverse lettering 40 40 SCHWEIZERISCHE NATIONALBANK BANCA NAZIONALE SVIZZERA BANQUE NATIONALE SUISSE 40 40
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Switzerland declared mobilization on 1 August 1914, the same day Germany declared war on Russia. The Nationalbank had prepared a reserve series precisely for this contingency — notes held back from normal circulation and released only under conditions of monetary stress. The 40 Franc denomination itself is a curiosity: Switzerland used it in no other peacetime series, and its existence reflects specific calculations about what denominations a wartime economy would actually need.

Pick 13 is scarce in any grade. Reserve issues were never released in quantity, and surviving examples often show storage folds rather than circulation wear — a different kind of use-history entirely.

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