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1 Peso

Issuer Banco de Caupolican
Year 1884
Type Standard circulation banknote
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Obverse description The obverse is printed in brown and black on cream paper stock. At left, an intaglio oval vignette presents a portrait of a young woman in profile facing right, her hair adorned with a floral wreath, set within a fine guilloche border. At right, a second vignette shows a classical male figure reclining beside a globe, books, and navigational instruments, rendered in detailed intaglio engraving. The centre carries the denomination UN PESO in large letterpress text above the legend MONEDA CORRIENTE, with the bank name BANCO DE CAUPOLICANO arching across the top panel and the imprint of American Bank Note Co., New York at the foot.
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Reverse description The reverse is unprinted, showing plain cream-coloured paper stock with no design elements, text, or ornamentation.
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Comments

The Banco de Caupolican was one of several provincial Chilean banks that emerged following the 1860 law permitting note-issuing banks outside Santiago. Caupolican — a province in central Chile — generated enough agricultural and mining commerce to sustain a private bank of issue, though the institution remained modest by any measure. The American Bank Note Company in New York supplied the printing for most Chilean provincial banks of this period, producing plates shared or adapted across multiple clients, which occasionally creates attribution headaches for researchers working across the Pick catalog.

Pick 136 is poorly documented in terms of surviving population, and Chilean provincial bank notes from the 1880s were subject to forced redemption and consolidation pressure well before the 1898 Ley de Conversión effectively ended private note issue in the country.