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50 Cents

Issuer Central Bank of Cyprus
Year 1987-1989
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Shape Rectangular
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Obverse description Printed in shades of red-brown on a light guilloche underprint, the obverse carries at upper left a bilingual header in Greek (ΚΕΝΤΡΙΚΗ ΤΡΑΠΕΖΑ ΤΗΣ ΚΥΠΡΟΥ) and Turkish (KIBRIS MERKEZ BANKASI) flanking the Cypriot coat of arms at centre top. A vignette to the right shows a woman in traditional Cypriot dress seated in three-quarter view. The denomination appears in numeral form at upper right and lower left, with the value inscribed in Greek (ΠΕΝΗΝΤΑ ΣΕΝΤ) and Turkish (ELLİ SENT) at centre, the date below, and the Governor's facsimile signature above the bilingual title ΔΙΟΙΚΗΤΗΣ – MÜDÜR.
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Reverse description The reverse, rendered in the same red-brown palette, presents a large intaglio vignette of the Kouris Dam and its reservoir set against a backdrop of terraced hillsides, occupying the central field. The inscription CENTRAL BANK OF CYPRUS runs along the top margin, with FIFTY CENTS lettered across the lower margin; the denomination numeral 50 appears at upper left and lower right within guilloche cartouches. Decorative column motifs frame the left and right borders.
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Comments

BA International — the operating name used by British American Bank Note Company during this period — printed this series in Canada, an arrangement Cyprus maintained through several successive low-denomination issues. The choice of a North American security printer over the more typical European houses was unusual for a small Mediterranean central bank, and speaks to competitive tendering rather than any geographic or historical affiliation.

The 50 Cents denomination was withdrawn relatively early as inflation eroded its practical use, and circulated hard before removal. High-grade survivors are genuinely scarce.

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