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1 Centavo raised star

Issuer Chile
Year 1851
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Technique Milled
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Obverse description Central device consisting of a large raised five-pointed star in high relief occupying the majority of the field. The circular legend REPUBLICA DE CHILE arcs around the periphery, with the date flanked by raised dots at the base. The coin exhibits a milled border of fine denticles running along the rim.
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Mintage 1851 - - 3,300,000
Additional information

Chile's earliest copper centavo coinage was introduced following the mint reform of 1851, which reorganized the nation's monetary system under decimal principles — a belated alignment with reforms already underway across much of Latin America. The Santiago mint, the only facility producing Chilean coinage at the time, struggled with consistent die quality during this transitional period.

The raised star variety of KM#120 is distinguished from its incuse counterpart by a die characteristic that emerged from inconsistent hub preparation, not an intentional design change. Collectors working this series must examine the star carefully under magnification, as worn examples frequently obscure the distinction entirely.

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