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50 Rupees

Issuer Nepal Rastra Bank
Year 1982-2001
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description At left, a formal portrait vignette of King Birendra Bir Bikram Shah Dev in plumed ceremonial crown; at centre, a vignette of the Ram Janaki Temple rendered in fine intaglio line work; at right, a dedicated watermark window reserved for the crown watermark. Guilloche underprint patterns frame the central composition throughout.
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Signature(s) signature title right below signature - Kalyan Bikram Adhikari (1979-1984)
signature title centered below signature - Ganesh Bahadur Thapa (1985-1990)
signature title centered below signature - Hari Shankar Tripathi (1990-1995)
with windowed security thread - Satyendra Pyara Shrestha (1995-2000)
with windowed security thread - Dipendra Purush Dhakal (2000-2001)
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Comments

Pick 33 spans nearly two decades and five governors, which makes it an unusually long-lived design for a Nepalese issue. The shift to a windowed security thread partway through the run — appearing first with the Shrestha signature from around 1995 — is the most functionally significant change, and collectors tracking the series by signature variety should note that the earlier plain-watermark examples and the later thread varieties are genuinely different objects from a security standpoint, not merely signature substitutions.

Thomas De La Rue handled the full run from London, consistent with Nepal Rastra Bank's long-standing relationship with the printer across multiple denominations during this period.

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