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50 Centavos

Issuer Banco Central de la República Argentina
Year 1951-1956
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Size 115 × 65 mm
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Obverse lettering EL BANCO CENTRAL DE LA REPUBLICA ARGENTINA PAGARA AL PORTADOR Y A LA VISTA 50 CENTAVOS MONEDA NACIONAL LEYES N° 12.962 Y 13.571 CASA DE MONEDA DE LA NACION
(Translation: The Central Bank of the Argentine Republic will pay to the bearer and at sight 50 Centavos National Currency Laws N° 12,962 and 13,571 Mint of the Nation)
Reverse description Olive-green on a fine guilloche underprint. The central vignette shows an open book — representing the National Constitution — resting on a pedestal and framed by two laurel branches, with the Peronist political motto inscribed across its pages. Denomination counters reading '50 CENTAVOS' appear in guilloche rosettes at left and right, with the repeated numeral '50c' in a solid letterpress strip along the bottom margin.
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Comments

The Banco Central de la República Argentina issued this denomination during a stretch when Perón's government was intervening heavily in the currency supply — the early 1950s saw Argentina's money stock expand rapidly under wage-driven inflationary pressure, and small-denomination notes like this one were being produced in vast quantities to keep pace with everyday transaction demand. By mid-decade the 50-centavo note was barely functional in real purchasing terms.

Casa de Moneda printed the entire series domestically, part of a broader push during the Perón years to reduce dependence on foreign security printers. The offset process used here was a step down from the intaglio work that had characterized earlier Argentine issues.

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