50 Centavos Aguan Navigation & Improvement Company

Features

Issuer	Honduras
Bank emisyjny	Société de navigation et d'amélioration d'Aguan
Period	Republic (1862-date)
Type	Local banknotes
Year	1886
Value	50 Centavos (0.50)
Currency	Second Peso (decimalized, 1879-1931)
Composition	Papier
Size	108 × 61 mm
Shape	Prostokątny
Technique	Lithography
Issued	25 June 1886
Demonetized	Yes
Number	N# 534687
References	P# S101 Standard Catalog of World Paper Money (10 volumes).

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Series: Aguan Navigation & Improvement Company

Obverse

(en) Grey printing on light pink underprint.
General Luis Bográn at center, young woman on left, red round seal of the company on lower left.
Issuer name on top. Face value in numbers and letters on both top corners; in letters on center, divided by portrait; in numbers on right edge.
Red serial #s 5 digits, with 1 letter prefix. 2 signatures with titles below, on lower left and right. Printer name on bottom.

Script: łaciński

Lettering:
50
CINCUENTA
THE
AGUAN NAVIGATION and IMPROVEMENT
COMPANY
PAGARÁ Á J.G. ORD
Ó AL PORTADOR
CINCUENTA CENTAVOS
á la vista
en su oficina de
Trujillo,
Honduras
Nº E34717
TESORERO PRESIDENTE
THE HOMER LEE BANK NOTE CO.N.Y.
BILLETE DE LA TESORERÍA POR CINCUENTA CENTAVOS

Reverse

(en) Green printing on light brown underprint.
No images. Company name in circle at center, Countries names within surrounding face value in numbers and letters at center. Also face value in letters on left and right edges. Issuing date on bottom, printer name below.

Script: łaciński

Lettering:
EMISIÓN AUTORIZADA
AGUAN NAVIGATION AND IMPROVEMENT COMPANY
UNITED STATES
50
CENTAVOS
REPÚBLICA DE HONDURAS
CINCUENTA
Este billete será aceptado por su
valor señalado en pago de toda
deuda debida al AGUAN NAV-
IGATION & IMPROVEMENT CO
inclusivos el pago de pasa-
jes y fletes por sus vapores y
portazgos en el TRUJILLO & AGUAN
CANAL y es pagadero en moneda
de plata a su presentación en la
oficina de la Compañía en Trujillo.
LA FALSIFICACIÓN SERÁ CRÍMEN.
CENTAVOS
THE HOMER LEE BANK NOTE COMPANY NEW YORK
EL 25 DE JUNIO DE 1886.

Printer

Nowy Jork, United States (1881-1891)

Comments

(en)

NOTE: Text in note reads: “ … pagará a J.G.Ord o al portador …” We were not able to decipher the meaning of the phrase. Any information about will be welcome.

This 50 centavos note was the smallest denomination issued by the Aguan Navigation & Improvement Company, a U.S.-based enterprise founded in 1885 to develop infrastructure in Trujillo, Honduras. The company operated under a government concession and printed its notes in New York. The design features General Luis Bográn, then President of Honduras, whose portrait appeared while still in office—a rare occurrence in Latin American numismatics. Despite initial optimism, the company faced financial difficulties and ceased operations within two years. The note reflects the experimental nature of 19th-century capitalism in Honduras.

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Date					VG	F	VF	XF	AU	UNC
Undetermined
1886-Jun-25

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