Catalog
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| Issuer | State Bank of Pakistan |
|---|---|
| Year | 1986-2006 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Pakistan Security Printing Corporation |
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| Engraver(s) | Log in to see details |
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| Obverse description | Portrait vignette of Mohammad Ali Jinnah, founder of Pakistan, at right, rendered in intaglio with fine line engraving; Urdu text of the bank name and denomination in stylised calligraphy at upper center, flanked by guilloche underprint in green and teal tones. A circular watermark window appears at left, with the serial number printed twice in black letterpress at upper left and lower right. |
|---|---|
| Obverse lettering | بینک دولت پاکستان پانچ سو روپیے حامل ہذا کو طلب پر ادا کرے گا حکومت پاکستان کی ضمانت سے قلم دستخط گورنر بینک دولت پاکستان |
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| Comments |
P#42 spans two decades and at least four distinct signature combinations, reflecting the turnover of State Bank governors across a period of considerable political instability — military rule under Zia ul-Haq, the civilian governments of Benazir Bhutto and Nawaz Sharif, and then Musharraf's coup of 1999. Collectors assembling a complete signature run need a minimum of six variants to close the set.
Printed domestically by the Pakistan Security Printing Corporation rather than contracted abroad, which was not always the case for earlier high-denomination Pakistani issues. The watermark remains the sole security feature by modern standards — a notable vulnerability for a note that stayed in production into the early 2000s.