50 Francs

The Bank in Luzern was one of the cantonal and private issuing banks swept away by the creation of a unified Swiss note-issuing system in the late nineteenth century — a process that culminated with the founding of the Swiss National Bank in 1907. This 1877 issue therefore comes from the final decades of Switzerland's chaotic plural banking period, when dozens of independent institutions produced their own notes with no common standard.

Bradbury Wilkinson's involvement is the standout detail. The London firm handled security printing for a remarkable range of small sovereign and quasi-sovereign issuers across Europe and beyond, and their engraving quality consistently exceeded what Swiss domestic printers could offer at the time. The Luzern bank clearly paid for that reputation.