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50 Pounds - Elizabeth II

Issuer Government of Gibraltar
Year 1986
Type Standard circulation banknote
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Obverse lettering ISSUED BY THE GOVERNMENT OF GIBRALTAR
UNDER AUTHORITY OF THE CURRENCY NOTE ORDINANCE CAP 39.
FIFTY POUNDS
GIBRALTAR
27th November 1986
CURRENCY NOTES ARE LEGAL TENDER IN GIBRALTAR FOR THE PAYMENT OF ANY AMOUNT
MONTIS INSIGNIA CALPE
FINANCIAL AND DEVELOPMENT SECRETARY
THOMAS DE LA RUE & COMPANY, LIMITED
Reverse description The reverse is dominated by a large intaglio aerial vignette of the Rock of Gibraltar and the town below, rendered in shades of violet and purple, occupying nearly the full width of the note. The denomination FIFTY POUNDS is printed in bold lettering at the lower right of the central vignette. Ornate script £50 numerals appear in the lower left and upper right corners, framed by an elaborate multicolour guilloche border incorporating rosette and lathe-work patterns in red and purple.
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Comments

Gibraltar's 1986 issue came at an awkward political moment — the land border with Spain had only fully reopened in February 1985, after a sixteen-year closure imposed by Franco in 1969. The currency itself carried a quiet assertion of British identity at a time when Spain's accession to the EEC revived questions about the Rock's status that neither London nor Gibraltar's electorate wanted reopened.

De La Rue printed the entire 1986 series. The 50 Pounds was the top denomination, and high-value Gibraltar notes from this period survived in relatively low numbers due to limited local demand — the population was under 30,000.

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