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50 Centavos

Issuer Banco Nacional de la República de Colombia
Year 1886
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Value 50 Centavos (0.50 COP)
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Obverse lettering EL BANCO NACIONAL
DE LA REPUBLICA DE
COLOMBIA
Pagará al portador á la vista
CINCUENTA CENTAVOS
BOGOTÁ, SEPTIEMBRE 1º DE 1886.
(Translation: The National Bank of the Republic of Colombia
Pay to bearer at sight
Fifty Cents
Bogota, September 1st., 1886.)
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Reverse lettering 50 L 50
CINCUENTA CENTAVOS
50
EL BANCO NACIONAL
DE LA REPUBLICA DE
COLOMBIA
(Translation: Fifty Cents
The National Bank of the Republic of Colombia)
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Comments

The Banco Nacional de la República de Colombia was established by law in 1880 as a state monopoly issuer, replacing the chaotic network of private banks that had flooded the country with inconvertible paper. This 50 Centavos note belongs to the bank's earliest emission period, when the government was still attempting to enforce par convertibility — a policy that collapsed definitively by 1885 amid the civil war known as the War of a Thousand Days' precursor conflicts.

Homer Lee operated out of New York for barely a decade before being absorbed into larger consolidations, making their Colombian commissions among the few surviving examples of their work in Latin American fiscal printing.

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