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50 lei ND CEC bond

Issuer Casa de Economii și Consemnațiuni (CEC)
Year 1952-1965
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Composition Paper
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Obverse description Brown letterpress text and nominal value set within a decorative frame on a red-brown guilloche underprint, with the coat of arms of the Popular Republic of Romania at the top of the frame. Denomination numerals appear on both lateral borders of the frame, with serial number and bond number printed above and below respectively.
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Reverse description Plain white surface bearing dense black letterpress text in Romanian, including a tabulated schedule of lottery prize values and frequencies for both base and supplementary draws, with a bold closing admonition at the foot.
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Comments

Casa de Economii și Consemnațiuni issued these bonds as part of Romania's Soviet-modeled state savings infrastructure, where the CEC functioned less as a conventional bank and more as a compulsory channel for capturing household liquidity. During the 1950s, workers were frequently pressured — through workplace campaigns — to subscribe to state bond series whether or not they did so voluntarily.

The broad 1952–1965 dating window reflects the absence of printed dates on individual bonds, making precise issue-year attribution dependent on archival lot records rather than the notes themselves.

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