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50 Bolívares

Issuer Banco Central de Venezuela
Year 1961-1963
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Composition Cotton paper
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Obverse lettering BANCO CENTRAL DE VENEZUELA
CINCUENTA BOLÍVARES
PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO
50
Reverse description Orange intaglio print with an ornate frame-like guilloche border. The central vignette presents the Monument to Carabobo, sculpted by Antonio Rodríguez del Villar, commemorating Bolívar's victory of 24 June 1821 that secured Venezuelan independence. The numeral 50 appears at left, the national Coat of Arms at right, the issuer name BANCO CENTRAL DE VENEZUELA along the top, the denomination in words CINCUENTA BOLÍVARES along the bottom, and the numeral 50 in each corner.
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Comments

Venezuela's 50 Bolívar notes of this period were printed by Thomas De La Rue during a stretch of relative monetary stability following the end of the Marcos Pérez Jiménez dictatorship in 1958. The new civilian government under Rómulo Betancourt inherited an economy temporarily buoyed by oil revenues, which kept inflationary pressure on the higher denominations low — this note circulated without the emergency overprints or replacement series that plague so many Latin American issues of the same decade.

Pick P#44 spans a three-year date range, meaning individual specimens can sometimes be attributed to specific political or fiscal moments within Betancourt's administration.