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50 Pesos Oro
| Issuer | Banco de la República |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso decimalized (1847-date) |
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| Obverse description | Portrait of Antonio José de Sucre in an oval vignette at left, rendered in fine intaglio engraving. The large numeral '50' occupies the centre of the note, with the bank title 'El Banco de la República' across the top in ornate lettering framed by guilloche work. The date '20 de Julio de 1923' and place of issue 'Bogotá, Colombia' appear below the central numeral, with two signature lines for El Gerente and El Secretario. |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | Banco de la República Bogotá Colombia Cincuenta Pesos El Cajero (Translation: Bank of the Republic / Bogotá Colombia / Fifty Pesos / The Cashier) |
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| Comments |
The Banco de la República was established in July 1923 as Colombia's central bank, created in direct response to recommendations from the Kemmerer Mission — the U.S. financial advisory team led by Princeton economist Edwin Kemmerer that swept through Latin America restructuring monetary systems on the gold standard model. This note, printed by ABNC in New York, belongs to the bank's founding issue, meaning it was produced before the institution had completed even its first year of operation.
The choice of the American Bank Note Company was deliberate — Colombia had recently suffered through the chaotic paper emissions of the Guerra de los Mil Días period and needed a printer whose name alone signaled institutional credibility to a skeptical public.