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50 Centavos
| Issuer | Banco Nacional de la República de Colombia |
|---|---|
| Year | 1900 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse carries the bold heading BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA across the top, with the large numeral 50 in an ornate oval at the left and the Colombian national coat of arms surmounted by an eagle at the upper right. The central text reads PAGARÁ AL PORTADOR A LA VISTA / CINCUENTA CENTAVOS / EN MONEDA CORRIENTE, with the place and date BOGOTÁ, 20 de Julio de 1900 below. A red serial number appears at the right, and the lower portion bears manuscript signatures of the Ministro del Tesoro and the Miembros de la Junta de Emisión. |
|---|---|
| Obverse lettering | BANCO NACIONAL DE LA REPÚBLICA DE COLOMBIA PAGARÁ AL PORTADOR A LA VISTA CINCUENTA CENTAVOS EN MONEDA CORRIENTE BOGOTÁ, 20 de Julio de 1900 MINISTRO DE TESORO MIEMBROS DE LA JUNTA DE EMISIÓN 2da EMISIÓN |
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| Comments |
The Banco Nacional de la República de Colombia had a troubled final decade. Accused of reckless over-emission throughout the 1890s — largely to finance chronic government deficits — the bank was liquidated by 1904, its notes ultimately redeemable at deeply depreciated rates. This 50 Centavos piece belongs to that terminal period, issued as Colombia's paper currency was already in freefall against hard money.
Locally printed in Bogotá rather than farmed out to the British or American security printers favored by wealthier Latin American issuers of the period. The guilloche underprint is the sole mechanical security element — minimal protection against counterfeiting, but counterfeiting was hardly the primary threat when official emission itself was destroying the currency's value.