10 centavos oro 1962
Market Prices
6 salesAbout This Note
This is an exceptionally well-preserved example of the Dominican Republic's 1962 10 centavos oro banknote, graded UNC (uncirculated). The note features a striking blue and black design with ornate engraved borders framing a central circular vignette of the Banco de Reservas building, complemented by the national coat of arms on the obverse. The reverse displays an elaborate geometric design centered on a large numeral '10' with intricate background security patterns, all printed by the American Bank Note Company of New York—demonstrating the high-quality intaglio production standards of this era.
Common. While catalog values from 2019 list UNC examples at $15, observed eBay market data consistently shows this note selling in the $4.44 to $26 range across multiple condition grades (VF, AUNC, PMG 45), with most transactions clustered between $5-$23. The regular circulation of sales data and moderate pricing across various grades indicates a readily available note in the collector market. The 1962 10 centavos oro was a regular-issue banknote from a major issuer with substantial print runs, and no historical recall or scarcity factors apply.
Issued in 1962 by the Banco Central de la República Dominicana, this note represents the post-Trujillo era of Dominican monetary modernization. The prominence of the Banco de Reservas building on the obverse reflects the institution's importance to the Dominican financial system during this transitional period. The note's design and legal tender declaration reference Article 5 of the Monetary Law, affirming the central bank's authority to issue currency as the Dominican Republic rebuilt its institutional framework following political upheaval.
The obverse features a symmetrical, formally composed design dominated by a central circular frame containing a photograph-style engraving of the Banco de Reservas, a multi-story classical institutional building representing Dominican financial authority. The Dominican national coat of arms—displaying a heraldic shield with crossed flags and decorative banners—occupies a prominent position on the left side within its own circular seal. Ornate blue decorative borders frame the entire composition with fine-line geometric patterns at the corners. The denomination appears both as 'DIEZ CENTAVOS ORO' in the upper portion and as '10 CENTAVOS' in corner ornaments. The reverse presents an abstract composition dominated by a large, ornamentally framed numeral '10' in blue, bisected horizontally by a banner reading 'DIEZ CENTAVOS ORO.' Corner indicators showing '0.10' in all four corners reinforce the denomination. A repetitive background pattern (composed of repeating text) serves as an engraved security measure. The overall aesthetic reflects the formal, high-security design standards of 1960s central bank currency production.
FRONT: 'BANCO CENTRAL DE LA REPUBLICA DOMINICANA' (Central Bank of the Dominican Republic); 'SANTO DOMINGO DISTRITO NACIONAL REPUBLICA DOMINICANA' (Santo Domingo National District Dominican Republic); 'DIEZ CENTAVOS ORO' (Ten centavos gold); 'ESTE BILLETE TIENE FUERZA LIBERATORIA PARA EL PAGO DE TODAS LAS OBLIGACIONES PUBLICAS O PRIVADAS SEGUN EL ART. 5 DE LA LEY MONETARIA' (This note has legal tender force for payment of all public or private obligations according to Article 5 of the Monetary Law); 'BANCO DE RESERVAS' (Bank of Reserves); 'GOBERNADOR DEL BANCO CENTRAL' (Governor of the Central Bank); 'SECRETARIO DE ESTADO DE FINANZAS' (Secretary of State of Finance); Serial number 'A 1004866'. BACK: 'BANCO CENTRAL DE LA REPUBLICA DOMINICANA' (Central Bank of the Dominican Republic); 'DIEZ CENTAVOS ORO' (Ten centavos gold); '0.10' (denomination indicator, all four corners); 'AMERICAN BANK NOTE COMPANY.' (printer attribution).
Intaglio (engraved) printing executed by the American Bank Note Company, New York. This is evident from the crisp, high-relief line work visible throughout the design, the fine geometric patterns in the borders, the detailed circular frames around the vignette and numerals, and the complex repetitive security pattern in the background. The precision of the ornamental elements and the clarity of all printed detail indicate professional-grade engraved plate production characteristic of ABNC's security printing standards.
Serial number observed: A 1004866. The 'A' prefix represents a known series designation for this issue. No overprints, color variations, or design modifications are apparent in this example. The standard signature lines for 'GOBERNADOR DEL BANCO CENTRAL' and 'SECRETARIO DE ESTADO DE FINANZAS' are present. This note represents the standard 1962 variety with no documented varieties (error notes, inverted prints, or color variants) recorded for Pick-85.
