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50 Pesos

Issuer Banco de Venezuela
Year 1862
Type Standard circulation banknote
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Obverse description Plain cream-toned note in letterpress style with ornamental corner flourishes and typeset text throughout. The bank title BANCO DE VENEZUELA is printed in large bold letters across the top, flanked by the denomination numerals 50 on either side. The body carries a handwritten date of 1 de Febrero de 1862, a manuscript series and serial number, and a circular ink stamp, with the text stating the bearer value and interest conditions accruing from 1 de Noviembre de 1861, payable at six months sight in Caracas.
Obverse lettering BANCO DE VENEZUELA
50
Serie E
Nº 4754
para 1º Enero 1862
VALE al portador por CINCUENTA pesos y sus intereses a razon de uno y medio centavo diarios antados desde 1dz de Noviembre de 1861 pagaderos en dinero efectivo a los seis meses desde hoi.
Caracas 1º de Febrero de 1862
Presidente y Vicepresidente de la Direccion:
Pardo y Cº J. Marcano
Los Administradores:
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Comments

Banco de Venezuela's 1862 series predates the institution most collectors associate with that name — the 20th-century central bank. This note was issued by an earlier private commercial bank of the same name, operating under a government concession during Venezuela's mid-century banking experiment, before chronic political instability and monetary disorder dismantled most of the country's nascent financial infrastructure within the decade.

Local printing in Caracas at this period was technically limited, and the result shows. The signatures of Pardo y Cº and J. Marcano are manuscript, applied by hand at issuance — routine for the period but now a primary authentication point, as forgeries of Venezuelan private bank issues circulated even contemporaneously.