Catalog
50 Litu
| Issuer | Lietuvos Bankas |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | 50 Litų |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | LIETUVOS BANKAS 50 PENKIOSDEŠIMT 50 VIENAS LITAS TURI 0,150462 GRAMŲ GRYNO AUKSO. LIETUVOS BANKAS KAUNAS, 1922 m. LAPKR. 16 d D.L.K.GEDIMINAS (Translation: Lithuanian Bank Fifty One Litas contains 0.150462 grams of pure gold. Lithuanian Bank Kaunas, November 16, 1922. D.L.K. Gediminas) |
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| Reverse lettering | LIETUVOS BANKO BANKNOTAS 50 LITŲ BANKNOTŲ PADIRBIMAS ISTATYMU BAUDZIAMAS (Translation: Lithuanian Bank Banknote Fifty Litu Forgery of Banknotes Punished by Law) |
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| Comments |
The 1922 Lithuanian 50 Litu belongs to the foundational series issued following Lithuania's monetary reform of that year, which replaced the transitional talonas with the litas at a fixed rate of 100 talonai to 1 litas. The new currency was a deliberate assertion of economic independence, pegged to gold and designed to stabilize a young state that had been operating under occupation-era monetary chaos since 1915.
Pick 19 is among the scarcer denominations from this first litas series. The printing arrangements for early Lithuanian state notes involved foreign contractors, as the country had no domestic security printing capability at the time.