Catalog
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| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 1932 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | A condor with wings displayed stands in three-quarter profile to the left, perched upon a rocky outcrop at center field. The bird's plumage is rendered in fine relief detail, with the head turned to face left. The encircling legend REPUBLICA DE CHILE arcs along the upper periphery in raised Latin characters. The design is contained within a beaded inner border running the full circumference of the coin. |
|---|---|
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| Reverse script | Latin |
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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.