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50 Litu

Issuer Lietuvos Bankas (Bank of Lithuania)
Year 1991
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Reference(s) P#49
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Obverse lettering 1991 50 PENKIASDEŠIMT LITŲ J. BASANAVIČIUS VALDYBOS PIRMININKAS LIETUVOS BANKAS
(Translation: 1991 Fifty Litas J. Basanavičius Chairman of the Board Bank of Lithuania)
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Reverse lettering PENKIASDEŠIMT LITŲ
(Translation: Fifty Litas)
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Comments

Lithuania's 1991 reintroduction of the Litas came after decades of Soviet-imposed ruble circulation, and the new notes had to be ready fast. United States Banknote Corporation — by then already in financial difficulty, filing for bankruptcy in 1995 — handled the contract, one of several Eastern European transitional currency jobs the firm took on in its final years.

The watermark is the sole security feature, modest even by early 1990s standards, though the short operational life of this series made sophisticated anti-counterfeiting measures a lower priority. The Litas was superseded by the Euro in January 2015.

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