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50 Colones

Issuer Banco Internacional de Costa Rica
Year 1924-1927
Type Log in to see details
Value 50 Colones (50 CRC)
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Obverse description Log in to see details
Obverse lettering 50
BANCO
INTERNACIONAL DE COSTA RICA
CAJA DE CONVERSIÓN
LA CAJA DE CONVERSIÓN PAGARÁ AL PORTADOR A LA VISTA, LA CANTIDAD DE
CINCUENTA COLONES
EN MONEDA ACUÑADA DE ORO DE LOS ESTADOS UNIDOS DE AMÉRICA, O EM
LETRAS DE CAMEJO A LA VISTA SOBRE NUEVA YORK, A OPCIÓN DEL
ADMINISTRADOR, EN LA RELACIÓN DE UM DOLAR POR CADA CUATRO COLONES.
SAN JOSÉ,
EL SECRETARIO DE HACIENDA
EL DIRECTOR
AMERICAN BANK NOTE COMPANY.
(Translation: International Bank of Costa Rica. Conversion office. The Conversion office will pay the bearer on sight the amount of fifty colones, in minted gold coin of the United States of America, or in bills of exchange in New York at the option of the administrator, at the exchange rate of one dollar for every four colones. The Secretary of the Treasury. The Director.)
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Reverse lettering BANCO INTERNACIONAL DE COSTA RICA
50
50 L
CAJA DE CONVERSIÓN
AMERICAN BANK NOTE COMPANY
(Translation: International Bank of Costa Rica. Conversion office.)
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Comments

The Banco Internacional de Costa Rica was established in 1914 as a state institution, absorbing functions previously spread across private banks. By the mid-1920s it held a near-monopoly on government financial operations, though it would eventually be reorganized into the Banco Nacional de Costa Rica in 1936. The 50 Colones denomination was a high-value note for the period — a significant sum in a country where coffee export revenue dominated the economy and most daily transactions never approached figures like this.

American Bank Note Company printed the series from their New York facilities, as was standard for Central American government contracts of the era. ABNC's involvement meant intaglio engraving of the quality Costa Rica's government demanded but could not produce domestically.

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