50 Francs

The Banque de l'Algérie was established in 1851 as a colonial institution with the note-issuing monopoly for French Algeria, operating under close oversight from Paris rather than functioning as a true central bank. By 1908, the bank had been printing its higher denominations through the workshops of the Banque de France — a common arrangement for French colonial note production of this period, though the institutional relationship remained formally distinct.

Harang, who worked under the pseudonym Cabasson, was a prolific contributor to French colonial fiduciary engraving in the late nineteenth and early twentieth centuries. Bertrand's intaglio work on this series is considered technically accomplished for its date.

Pick lists only a handful of surviving confirmed examples for P#3.