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1 Peso
| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The denomination UN PESO is inscribed in two lines at center field, surmounted by the Santiago mint mark (S) at the top. The date 1932 appears below the denomination. The entire central inscription is framed by a laurel and olive wreath tied at the base with a ribbon, with a Phrygian cap (huemul of liberty) and a crossed hammer and pick at the lower center of the wreath. A beaded border encircles the entire design. |
| Reverse script | Latin |
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| Edge | Log in to see details |
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| Additional information |
Chile's 1932 peso arrived in the middle of a severe economic collapse — the Great Depression hit Chile harder than virtually any other country, with export revenues cratering as global demand for nitrates and copper evaporated simultaneously. The government suspended gold convertibility and scrambled to maintain a functional coinage, resulting in this debased billon composition replacing the earlier higher-silver issues. The 1932 date is scarce relative to surrounding years, reflecting drastically curtailed mint output during the worst of the crisis.