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50 Pesos

Uitgever Banco Hipotecario
Jaar 1881
Type Standard circulation banknote
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Beschrijving voorzijde Central allegorical vignette of a seated female figure with laurel wreath and agricultural implements, set against an orange guilloche underprint. Denomination numeral '50' appears in an ornate dark panel at upper right and in a circular guilloche at lower left. A secondary vignette at right depicts a basket with produce; date '1° DE OCTUBRE DE 1881' and place 'BOGOTÁ' printed in intaglio below the central vignette.
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Beschrijving keerzijde Uninscribed back printed as a mirror-image offset impression of the obverse in light tones, typical of a note printed on one side only, with the obverse design showing through the paper. The orange '50' guilloche panel is visible at lower right, and the faint outlines of the central vignette and text panels are discernible through the sheet.
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Opmerkingen

The Banco Hipotecario was a mortgage bank, not a central or commercial institution — its notes were backed by real estate collateral rather than specie or government guarantees, a model common across Latin America in the 1870s and 1880s as land-rich but cash-poor economies tried to mobilize property as financial capital. Which country issued this note is unspecified in the catalog data, and several nations operated institutions under this name during the period, so attribution beyond the printer is not possible here.

American Bank Note Company's New York presses handled the job, as they did for a significant share of Latin American paper in this decade. The S-prefix Pick reference places it firmly in the speculative/private bank category.