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50 Centavos

Issuer Banco Nacional de la República de Colombia
Year 1886
Type Standard circulation banknote
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Obverse description The obverse is printed in dark tones on aged paper, with a circular vignette at the left containing a seated allegorical female figure. The bank title EL BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA runs across the upper margin, with the denomination CINCUENTA CENTAVOS inscribed in bold central lettering below the promise-to-pay legend Páguese al portador á la vista. At the lower left appears a red serial number, with the date and manuscript signatures occupying the lower central area, and a circular arms or seal vignette at the lower right.
Obverse lettering EL BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA
Páguese al portador á la vista
CINCUENTA CENTAVOS
Bogotá, Setiembre 1° de 1886
No 722303
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Comments

The Banco Nacional de la República de Colombia was established by law in 1880 as a state bank with monopoly privileges over note issuance — a direct move to consolidate currency control away from the proliferating private banks that had dominated Colombian finance since the 1860s. This 50 centavos fractional note belongs to the bank's earliest emission period, when small-denomination paper was being pushed into circulation to address a chronic shortage of coin.

Colombian fractional notes of this period suffer heavily from paper brittleness along fold lines — a known issue tied to the lightweight stock used for low-value denominations, which were handled far more than larger notes and rarely set aside.

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