50 kwanzas 1979

Common. While this note is from Angola's early post-independence period, eBay price tracking data shows consistent sales in the $9.50–$12.49 range for circulated to uncirculated examples, with catalog values at $2.50 (VF) to $10 (UNC) as of 2019. These modest market prices indicate steady supply and regular collector demand without scarcity premiums. The note was part of Angola's regular circulation series and does not appear in specialized references as a rare variety or short-run issue.

Issued just four years after Angola's independence on November 11, 1975 (commemorated on the note), this 1979 banknote reflects the young nation's focus on agricultural development and socialist ideals under President Agostinho Neto. The reverse depicts field workers harvesting crops, symbolizing the importance of agricultural labor to Angola's post-colonial economy, while Neto's portrait on the obverse honors the independence leader who established the Banco Nacional de Angola.

The obverse features a profile portrait of Dr. António Agostinho Neto, Angola's first president, rendered wearing glasses and a distinctive flat cap, positioned on the right side of the note. An ornate circular medallion containing the numeral 50 dominates the left side, complemented by the Angolan national emblem with radiating sunburst in the upper left. The reverse depicts a detailed engraved scene of multiple agricultural workers engaged in field labor, harvestingg crops bent in the foreground with distant vegetation visible, reinforcing the nation's agrarian focus. Both sides feature decorative circular designs with the denomination 50 in the corners, symmetrically placed.

FRONT: 'BANCO NACIONAL DE ANGOLA' (National Bank of Angola) | '11 DE NOVEMBRO DE 1975' (November 11, 1975 — Independence Day) | '50' and 'CINQUENTA KWANZAS' (Fifty Kwanzas — denomination) | 'LUANDA, 14 DE AGOSTO DE 1979' (Luanda, August 14, 1979 — issue date) | 'O GOVERNADOR' (The Governor) | 'O MINISTRO DAS FINANÇAS' (The Minister of Finance) | Serial number 'J/A 093178' | BACK: '50' and 'CINQUENTA KWANZAS' (Fifty Kwanzas) | '11 DE NOVEMBRO' (November 11) | 'ANGOLA' (Angola)

Intaglio engraving (line engraving), evidenced by the fine line work, intricate guilloche patterns, ornate rosette designs, and exceptional detail throughout both sides of the note. The exceptional clarity and depth of the field workers scene and portrait are characteristic of high-quality bank note engraving typical of central bank productions in the late 1970s. The security watermark (Star & 50) was incorporated during the paper manufacturing stage.

This note exhibits the diagnostic features of P-114 with the date '11 DE NOVEMBRO DE 1975' (Independence Day) prominently displayed below the bank name, distinguishing it from the earlier P-110 (which lacks this commemorative date). The observed specimen carries serial number J/A 093178 with prefix J/A. The PMG grade of 66 EPQ with the noted 'Exceptional Paper Quality' designation confirms the pristine, uncirculated state of this particular example. No other major varieties (such as signature changes, overprints, or significant date modifications) have been documented for this Pick number.