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50 Colones

Issuer Banco Internacional de Costa Rica
Year 1914-1916
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Value 50 Colones (50 CRC)
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Obverse description Log in to see details
Obverse lettering 50
BANCO INTERNACIONAL DE COSTA RICA
SAN JOSÉ, 1º. Noviembre de 1914
SÉRIE A
PAGARÁ AL PORTADOR LA CANTIDAD DE
CINCUENTA COLONES
EN MONEDA DE ORO ACUÑADA
El Presidente
El Secretario de Hacienda
El Gerente
American Bank Note Co. New York
(Translation: The International Bank of Costa Rica will pay to the bearer the amount of fifty colones in minted gold currency. San José, November 1st, 1914. Series A. The President. The Secretary of the Treasury. The Manager.)
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Reverse lettering 50
BANCO
INTERNACIONAL DE COSTA RICA
AMERICAN BANK NOTE COMPANY, NEW YORK.
(Translation: International Bank of Costa Rica.)
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Comments

The Banco Internacional de Costa Rica was established in 1914 as a state-owned institution, replacing the older Banco de Costa Rica and taking over its note-issuing function. This 50 Colones belongs to the bank's earliest emission period, covering only the first two years of its existence before wartime disruptions to international commerce — the First World War had already closed off routine European banking relationships — made high-denomination paper increasingly difficult to manage.

The American Bank Note Company was the obvious choice for a Central American issuer of this period; ABNC held contracts across the hemisphere and Costa Rica had used them for earlier series. At 50 Colones, this was a substantial denomination for the time, almost certainly seeing limited retail circulation.

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