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50 Gourdes

Issuer Banque Nationale de la République d'Haïti
Year 1950
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Shape Rectangular
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Reverse description The central vignette carries the Haitian National Coat of Arms within a circular frame, surrounded by a dense guilloche border pattern printed in red. The bank title BANQUE NATIONALE DE LA REPUBLIQUE D'HAITI curves along the upper portion, and the denomination CINQUANTE GOURDES is inscribed below the central medallion. Corner cartouches repeat the numeral 50, and a French-language legal text panel runs along the lower margin.
Reverse lettering BANQUE NATIONALE DE LA REPUBLIQUE D'HAITI
CINQUANTE GOURDES
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Comments

Haiti's 1950 was politically charged: President Dumarsais Estimé had just been ousted in a military coup led by Paul Magloire the same year this note was issued. The Banque Nationale continued functioning through the transition, and this series went ahead under Waterlow & Sons — the London firm that had handled Haitian currency contracts for decades by this point.

Waterlow's involvement with Haiti long predated this issue, though the firm's reputation had taken a serious blow after the Peruvian bond scandal of the 1930s. By 1950 they were still a credible security printer, but the company wound down and was absorbed by De La Rue in 1961.

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