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50 Bolivianos Overprinted on P# 110

Issuer Banco Central de Bolivia
Year 1929
Type Standard circulation banknote
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Obverse lettering LA PAZ, 11 DE MAYO DE 1911 EL BANCO DE LA NACION BOLIVIANA PAGARÁ AL PORTADOR Á LA VISTA BANCO CENTRAL DE BOLIVIA (overprinted) CINCUENTA BOLIVIANOS EN MONEDA CORRIENTE American Bank Note Co, New York
(Translation: La Paz, May 11th., 1911 The Bank of the Bolivian Nation Will pay the bearer at sight Overprinted: Central Bank of Bolivia Fifty Bolivianos in current money American Bank Note Co., New York)
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Reverse lettering BANCO DE LA NACION BOLIVIANA
(Translation: Bank of the Bolivian Nation)
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Comments

Bolivia's monetary system was under serious strain by the late 1920s, and the 50 Bolivianos denomination of P#116 exists because the Banco Central simply ran short of printed stock and resorted to overprinting existing P#110 sheets rather than waiting on a full new order from ABNC. The overprint solution was common in Latin America during this period but reflects a specific logistical pressure, not a policy redenomination.

Collectors should note that the overprint registration varies considerably across surviving examples — misaligned strikes are the rule rather than an anomaly on this issue.

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