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50 Francs 5th series, type 1

Issuer Swiss National Bank
Year 1955-1958
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Reference(s) P#47
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Signature(s) 07.07.1955 - Müller / Schwegler / Kunz
07.07.1955 - Müller / Keller / Kunz
07.07.1955 - Müller / R. Motta / Kunz
04.10.1957 - Müller / Schwegler / Kunz
04.10.1957 - Müller / R. Motta / Kunz
04.10.1957 - Müller / Iklé / Kunz
18.12.1958 - Müller / Schwegler / Kunz
18.12.1958 - Müller / R. Motta / Kunz
18.12.1958 - Müller / Iklé / Kunz
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Protection description a girl's head corresponding to the obverse vignette portrait
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Comments

Waterlow & Sons had a long relationship with Swiss currency production, and this series reflects the technical standards that made the London firm a preferred contractor for security printing well into the postwar period. Pierre Gauchat's design work and Harold Bard's engraving represent a genuinely accomplished collaboration — Bard was among the more capable intaglio engravers working in Britain at the time.

The nine distinct signature combinations across three print dates make this one of the more granular series to collect properly. The middle position rotates through five different bank officials, and completists chasing all variants face real scarcity on certain combinations, particularly later Iklé-signed examples in circulated grades.

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