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50 Gulden

Issuer De Curaçaosche Bank
Year 1948
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Currency Gulden (1828-date)
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Obverse description Green on red underprint. At left, a seated allegorical female figure holds a scroll and flag; the central vignette presents a view of the Postal Office in St. Martin rendered in fine intaglio line work. Issuer and denomination legends are arranged along the upper and lower margins.
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Reverse description Brown on olive underprint. A crowned coat of arms occupies the central field, flanked by guilloche border work. The date and order number are printed in black, with the denomination numeral and issuing territory name positioned in the surrounding legend.
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De Curaçaosche Bank was established in 1828 as the sole bank of issue for the Netherlands Antilles, and by 1948 it was operating in an unusual post-war transitional moment — the Kingdom of the Netherlands had not yet enacted the Statuut that would reshape relations between the islands and The Hague, leaving the bank's constitutional position somewhat ambiguous. This note was printed by Enschedé in Haarlem, a firm that had been producing Dutch colonial currency for generations and whose intaglio work on Caribbean issues of this period is technically among their finest.

The 50 Gulden denomination was the highest in the series, which kept its circulation relatively restricted — these passed through institutional hands more often than commercial ones.

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