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50 Pesos

Issuer Banco de Honduras
Year 1913
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Value 50 Pesos
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Obverse lettering REPÚBLICA DE HONDURAS
EL BANCO DE HONDURAS
PAGARÁ AL PORTADOR EN MONEDA EFECTIVA
50
SERIE C
TEGUCIGALPA
CINCUENTA PESOS
19 DE OCTUBRE DE 1913
EL PRESIDENTE
EL GERENTE
EL MINISTRO DE HACIENDA
SPECIMEN
American Bank Note Co. New York
Reverse description The reverse is engraved in a single green ink throughout, with dense lathe-work guilloche patterns filling the entire field. At the centre, an oval vignette contains the Honduran national coat of arms, surrounded by an ornate frame. Large numeral 50 counters appear in each corner and along the side borders, while the bank name EL BANCO DE HONDURAS is set in a solid panel at the foot of the note.
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Comments

Banco de Honduras was a private commercial bank operating under government concession — not a central bank — and its note-issuing authority was always politically contested. By 1913, Honduras had already cycled through multiple failed currency reforms, and the country's chronic inability to service its foreign debt made foreign-printed paper money something of a hard sell to the public. The ABNC contract was a credibility move as much as a logistics one.

Pick 27 is among the higher denominations in this series and would have seen limited retail circulation. Fifty-peso notes in this period functioned largely as interbank instruments.