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50 Pesos

Issuer Banco Nacional de la República de Colombia
Year 1888-1895
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Value 50 Pesos
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Reverse description Printed entirely in blue, the reverse is covered by dense interlocking guilloche lacework filling the entire field. Two large circular guilloche medallions each bearing the numeral «50» are placed at left and right, flanking a central rectangular panel that accommodates the manuscript cashier's signature and a red circular bank seal. The bank's name is set in bold letterpress across the lower centre, with the printer's imprint «American Bank Note Co. New-York» appearing twice along the bottom margin.
Reverse lettering BANCO
50
NACIONAL DE LA REPÚBLICA DE
COLOMBIA
(Translation: National Bank of the Republic of Colombia)
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Comments

The Banco Nacional de la República de Colombia had a turbulent institutional life — it was dissolved by Congress in 1894 amid accusations that the government was using it to finance deficits through unchecked note issuance, a charge that was essentially accurate. This note falls within that contested period, when the bank's paper was increasingly distrusted in domestic commerce despite being legal tender.

The American Bank Note Company contract was a common choice for Colombian issuers seeking engraved work that would resist counterfeiting, though by the early 1890s the volume of Banco Nacional emissions had outpaced any practical deterrent effect.