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50 Pesos Oro

Issuer Banco Central de la República Dominicana
Year 1947-1950
Type Standard circulation banknote
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Obverse description Black intaglio print on white paper with the vignette of the Tomb of Columbus at center. An orange overprint seal reads CIUDAD TRUJILLO / DISTRITO DE SANTO DOMINGO / REPUBLICA DOMINICANA, applied over the face of the note. Denomination and bank title appear in letterpress at top and bottom borders.
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Reverse lettering BANCO CENTRAL DE LA REPUBLICA DOMINICANA CINCUENTA CINCUENTA PESOS ORO DIOS PATRIA LIBERTAD REPUBLICA DOMINICANA AMERICAN BANK NOTE COMPANY.
(Translation: Central Bank of Dominican Republic Fifty Pesos Oro God Fatherland Liberty Dominican Republic)
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Comments

The Dominican Republic's postwar currency reform of 1947 finally severed the country's long dependence on the U.S. dollar as legal tender — a situation that had persisted since the American customs receivership imposed in 1905. This note belongs to the Banco Central's inaugural series, the institution itself having only been established by law in October 1947, making these among the very first obligations it ever issued.

ABNC produced the plates in New York under contract arrangements typical of the period, when most Latin American central banks lacked domestic printing infrastructure and defaulted to either ABNC or its British rivals. The 50 Pesos Oro denomination would have represented serious purchasing power in the Dominican economy of that moment.

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