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50 Francs

Issuer Banque de l'Algérie
Year 1928-1936
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Composition Paper
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Obverse description Green intaglio-printed note with a central vignette of a North African coastal cityscape framed within an ornate Moorish arch. A tall minaret tower rises at right, flanked by cacti and lush vegetation, while a large eight-pointed star cartouche at lower right serves as the underprint for the denomination numeral '50'. The word 'TUNISIE' is printed vertically at the far right margin, and the issuer's title and denomination appear in bold letterpress across the upper portion.
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Protection type Watermark
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Comments

The Banque de l'Algérie, though nominally a colonial institution, operated under a concession from the French state and functioned as Algeria's de facto central bank from 1851 through independence. This series spans a particularly stable period — no currency crisis, no wartime emergency — which is precisely why examples in decent order survive in reasonable numbers.

Romagnoli's engraving work is the note's distinguishing credential. A skilled intaglio engraver active in France during the interwar decades, his contribution gives the printing a depth and line quality that offset lithography of the period rarely matched.

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