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50 Pesos / 50 Dollars
| Issuer | Banco Nacional de Santo Domingo |
|---|---|
| Year | 1912 |
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| Value | Log in to see details |
| Currency | Peso (1844-1905) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 50 SANTO DOMINGO R.D. 31 DE ENERO DE 1912. SANTO DOMINGO D.R. JANUARY 31ST 1912. BANCO NACIONAL DE SANTO DOMINGO NATIONAL BANK OF SANTO DOMINGO PAGARA AL PORTADOR A LA VISTA WILL PAY THE BEARER IN DEMAND CINCUENTA PESOS = FIFTY DOLLARS ORO AMERICANO O SU EQUIVALENTE CAJERO. CASHIER. PRESIDENTE. PRESIDENT. AMERICAN BANK NOTE COMPANY, NEW YORK. (Translation: American gold or its equivalent.) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO NACIONAL DE SANTO DOMINGO 50 DIOS PATRIA LIBERTAD NATIONAL BANK OF SANTO DOMINGO AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: God, Homeland, Liberty.) |
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| Comments |
The Banco Nacional de Santo Domingo occupied an unusual institutional position — it was a private concession bank operating under a Dominican government charter while the country's finances were effectively under U.S. customs receivership, imposed after the debt crisis of 1905. This note dates from that receivership period, when Washington controlled Dominican customs revenues to satisfy foreign creditors.
ABNC printed extensively for Caribbean and Latin American clients at this time, and the dual denomination — "50 Pesos / 50 Dollars" — reflects the practical need to denominate value in both local and U.S. currency simultaneously, a direct consequence of the dollar's growing dominance in Dominican commercial transactions.