50 Gulden

De Curaçaosche Bank was established in 1828 as the central monetary institution for the Dutch Caribbean territories, and by the 1920s it held sole right of issue across the Netherlands Antilles. The 50 Gulden denomination was the highest value note in this series — substantial purchasing power for a colonial economy still heavily dependent on the oil refinery trade that began transforming Curaçao after Shell opened its Isla refinery in 1918.

Enschedé's involvement guarantees careful intaglio work; the Haarlem firm had printed Dutch colonial currency for generations. Thielen served as president of the bank during this period, Schotborgh as secretary — both signatures appear in facsimile.