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500 Pesos Oro

Issuer Banco Central de la República Dominicana
Year 1962
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Composition Paper
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Obverse lettering 500
BANCO CENTRAL de la REPUBLICA DOMINICANA
0000000
QUINIENTOS
PESOS ORO
ESTE BILLETE TIENE FUERZA
LIBERATORIA PARA EL PAGO DE TODAS LAS
OBLIGACIONES PUBLICAS O PRIVADAS.
SANTO DOMINGO
DISTRITO NACIONAL
REPUBLICA DOMINICANA
AMERICAN BANK NOTE COMPANY.
(Translation: Central Bank of the Dominican Republic
Five Hundred Pesos Oro
This note has liberatory force for payment of all debts, public or private.
Santo Domingo, National District, Dominican Republic.)
Reverse description Log in to see details
Reverse lettering BANCO CENTRAL DE LA REPUBLICA DOMINICANA
QUINIENTOS
500
DIOS PATRIA LIBERTAD
QUINIENTOS
REPUBLICA DOMINICANA
Gobernador del Banco Central Secretario de Estado de Finanzas
QUINIENTOS PESOS ORO
AMERICAN BANK NOTE COMPANY.
(Translation: Central Bank of the Dominican Republic.
God, Homeland, Liberty
Governor of the Central Bank, State Secretary of Finance.
Five Hundred Pesos Oro)
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Comments

The 1962 Dominican 500 Pesos Oro is among the highest denominations issued during the immediate post-Trujillo period — Rafael Trujillo was assassinated in May 1961, and the following year was one of severe political instability as the country lurched between provisional governments. High-denomination notes from this transition window circulated in an economy already strained by decades of personalist misrule and the sudden collapse of the machinery that had controlled it.

ABNC's involvement was long-standing with Dominican issues; the engraving quality on this series is notably fine. At 500 Pesos Oro, genuine circulation examples are rare — notes of this value tended to move between institutions rather than through ordinary commerce.

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