Algeria. French administration. Bank of Algeria. Issuing period: 1938 to 1945. Creation date: 02-09-1938. Work by Carre and engraving by Emile Deloche. Dimensions: 145 x 92 mm. Watermark: version of the note with profile of a Moorish woman in an octagonal medallion on the left. Front and back: multicolored printing. Description of the front: a frame of repeated floral patterns in red and blue. On the right, a couple of villagers in the shade of a tree and a view of the Algerian countryside in the background. The value “50” is printed in blue in the upper corners. In the center at the top, the wording of the issuing institute "BANQUE DE L'ALGÉRIE", the value "CINQUANTE FRANCS" and the date of issue are printed in red. The signatures, numbering and date of issue are printed in black. At the bottom of the note, article 139 of the Penal Code is printed in red inside a yellow cartridge. Two variants of signatures are known with The Chief Cashier and The Secretary General. Description of the back: a frame of red and blue floral patterns in repetition and the value "50" printed in red in the upper corners. In the center, a view of the ruins of the Colosseum of El-Djem in Tunisia and its village on a market day in the foreground. At the bottom of the bill, article 139 of the Penal Code written in Arabic is printed in red inside the frame. The specimen is known overprinted "SPÉCIMEN" and signed Penalva / Archambaud. A second identical specimen is known overprinted "SPÉCIMEN" in red and horizontally on the watermark, signed Sebald / De Roux and numbered "0.000 - 000". A last identical specimen is known but overprinted "SPECIMEN" in red and oblique front and back. An original proof is known unsigned, undated, unnumbered, watermarked and not overloaded. This comes from the Lin Zhan Wei Collection and is graded PMG 65 Gem Uncirculated EPQ.