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50 Gulden 'Helmeted Minerva'

Issuer De Nederlandsche Bank
Year 1929-1931
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Value 50 Gulden (50 NLG)
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Reverse description Multicolour geometric composition with intricate guilloche patterns and ornamental designs filling the entire field. Various issue dates appear on the reverse, ranging between 18.4.1929 and 31.5.1931, together with the printer's imprint and legal anti-counterfeiting notice.
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Protection type Watermark
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Comments

Jacques Jongert was an unusual choice for a banknote commission — he came primarily from poster and applied arts work, not the engraving tradition that dominated Dutch note design. The Helmeted Minerva series reflects that background: the composition is flatter and more graphically assertive than contemporaneous Enschedé output, closer in spirit to Dutch constructivist commercial printing than to classical intaglio banknote convention.

The series ran across a tight three-year window, 1929–1931, bracketing the onset of the Depression. Replacement demand stayed low; the Netherlands held to the gold standard through 1936, which kept monetary conditions contractionary and note turnover slow.