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50 Francs

Issuer St. Gallische Kantonalbank
Year 1868-1871
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Currency Franc (1852-1906)
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Obverse lettering 50 50 Die St. Gallische Kantonalbank zahlt dem Ueberbringer Fünfzig Franken Der Bankdirektor Der Präsident der Bankcommission 50 St. Gallen den 4 August 1871. 50
Reverse description Plain unprinted reverse of cream-coloured paper, showing the texture of the paper stock with old fold lines and no design elements or printed text.
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The St. Gallische Kantonalbank was one of dozens of cantonal institutions issuing their own paper currency before the Swiss federal government consolidated note-issuing authority — a process that dragged through the 1870s and was only fully resolved with the founding of the Swiss National Bank in 1907. This note predates the Federal Banking Law of 1881, which began imposing serious constraints on cantonal circulation.

Giesecke & Devrient in Leipzig handled the printing, as they did for numerous Swiss cantonal banks during this period. The firm had already built a strong reputation for security printing across German-speaking Europe by the 1860s.

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