Costa Rica 50,000 Colon Banknote

5 months ago
16

Obverse
Purple and multicolor. Ricardo Jimenez Oreamuno (1859-1945), statesmen who held numerous offices to include 3 separate terms as President of Costa Rica. Supreme Court building in background.

Script: Latin

Lettering:
50 MIL COLONES
COSTA RICA

Translation:
50 Thousand Colones
Costa Rica

Engraver: Overthur Fiduciare

Reverse
Purple.
Species with natural colors. Cloud forest, parasol mushroom, Bromelia plant, Morpho butterfly. Tree fern in the background.

Script: Latin

Lettering:
Bosque Nuboso

Hongo sombrilla
(Leccinum monticola)

Mariposa morfo
(Morpho helenor marinita)

Bromelia
(Tillandsia punctulata)

BANCO CENTRAL DE COSTA RCA

Translation:
Bosque Nuboso

Parasol mushroom
(Leccinum monticola)

Morpho butterfly
(Morpho helenor marinita)

Bromeliad
(Tillandsia punctulata)

Central Bank of Costa Rica

Engraver: Overthure Fiduciare

Issued by the Banco Central de Costa Rica (Central Bank of Costa Rica), and was issued into circulation in 2009. This denomination was introduced as part of the introduction of a new series of Costa Rican colones banknotes featuring new designs and incorporating advanced security features. Withdrawn from circulation on June 4, 2020, although this denomination remains legal tender. This was in response to the Central Bank's discontinuation of producing this denomination under several factors including, its high face value made it unsuitable for daily minor transactions, its low level of inflation meant that it was not needed in the near future, larger transactions are settled by credit and debit cards, through banking channels or by paying applications, banks do not require them as they are not suitable for ATM's because of their high value and it is the most counterfeited of all banknotes in circulation in Costa Rica.

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