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50 Dollars

Issuer North Western Bank of India
Year 1830
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In circulation to Yes
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Obverse description Printed in black intaglio on white paper. A standing allegorical female figure with an anchor and a sailing ship vignette occupies the upper centre, flanked by denomination numerals in oval cartouches at left and right. The face text is set in a combination of copperplate script and roman letterpress.
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Reverse description The reverse shows the obverse design printed in mirror image, visible as a show-through impression on the plain white paper, with no intentional printed design; the sheet is effectively blank.
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The North Western Bank of India was a short-lived private bank operating out of British India, and a 50 Dollar denomination — rather than Rupees — points to the ambitions of its founders to service merchant trade across multiple currencies and ports. The dollar unit was common in Indo-Pacific commercial banking of the period, reflecting the dominance of Spanish and later Mexican dollars in regional trade circuits.

Perkins, Bacon & Petch were already pioneering the use of steel-engraved security printing by 1830, having brought Jacob Perkins's anti-counterfeiting techniques from the United States. Their London plates were among the most technically sophisticated available at the time.

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