Switzerland. State Loan Bank of Swiss Federation. (Schweizerische Eidgenossenschaft). Issue of 1914. The banknote is dated 09-09-1914 but is only issued from 25-11-1914. Work of S. Balzer. Printer: Art Institute Orell Füssli AG, Zurich. Dimensions: 140 x 85 mm. No watermark. No security thread. Front and back: print predominantly yellow and green. On the front: frame composed of rosettes and ornaments. For Pick # 23a, the numbering is repeated twice and printed in black at the top and bottom of the frame. For Pick references: # 23b and # 23c, the numbering is repeated twice and printed in black inside the frame near the yellow background and on the yellow bottom near the signatures. The labels and values in letters are printed in black and in three languages: German, French and Italian. The issue date and signatures are printed in black. The value "25" is repeated three times in rosettes on the sides. In the center above, the Swiss cross in white is placed on a gray coat of arms in a large medallion. Two types of signatures with the Director of the Federal Finance Department Giuseppe Motta and the Federal Treasurer E. Henzer. On the back: motifs on a yellow background with rosettes and ornaments in green with the value "25" repeated in the corners. In the center, the value in letters is printed in three languages: French, German and Italian. The specimen is known in green on green background, unsigned and unnumbered with the "SPECIMEN" overprint in red diagonally on both sides and two perforations of cancellation: Palombo House, Auction # 17 of October 20, 2018, lot # 675 in XF grade (PMG AU55). Realized price: CHF 2500. Copies encountered: 1D 057657, 1F 040333, 2G 025200, S.1K 034337, S.1U 050821, S.1X 086283, S.2M 050766. Banknote withdrawn from circulation on 01-07-1934. 4571 banknotes have not been returned. Other Reference: TBB (The Banknote Book): B201.
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