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50 Centavos

Issuer Banco Central de la República Argentina
Year 1950-1951
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Printer Casa de Moneda de la Nación, Argentina
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Obverse description Brown and olive tones on a fine guilloche underprint; an intaglio vignette of a classical Liberty head in left profile occupies an oval frame at left, surrounded by intricate lathe-work borders. The large numeral "50" appears in the lower-left corner, with the denomination "50 CENTAVOS MONEDA NACIONAL" and the issuer legend "EL BANCO CENTRAL DE LA REPUBLICA ARGENTINA" in bold letterpress to the right. Two facsimile signatures captioned "GERENTE GENERAL" and "PRESIDENTE" appear below, with series letter "A" at lower right.
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Variants P#259a - Garrasi at lower right, letter A, 1950
P#259b - without Garrasi at lower right, letter A, 1951
Comments

This note belongs to a short-lived series issued under the Perón government at a moment when the peso's purchasing power was eroding fast enough that a 50 centavos note had limited practical utility even at issue. The Casa de Moneda — Argentina's own mint — printed the series domestically using offset rather than intaglio, a choice that reduced production cost but also meant the finished notes lacked the tactile resistance to wear that engraved currency provides. Offset-printed paper circulated out quickly in Argentine conditions.

Renato Garrasi, who handled design work for several Argentine issues of the period, is credited here. The series was withdrawn relatively soon after introduction as inflation continued climbing through the early 1950s.

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