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1 Peso small issue

Issuer Casa de Moneda de Chile
Year 1981-1992
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Thickness 1.4 mm
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Reverse description Large numeral '1' dominates the center of the field, with the denomination PESO inscribed immediately below and the date centered beneath that. The central device is framed by a symmetrical open laurel wreath, the branches tied at the base, lending a classical republican aesthetic to the design.
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Edge Smooth
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Additional information

Chile's peso had been decimated by inflation through the 1970s, and by the time this small-format issue entered production in 1981, a single peso was already a near-worthless denomination — retained more for accounting convenience than genuine purchasing power. The Pinochet government's Chicago Boys-influenced monetary reforms had technically stabilized the economy, but the 1 peso never recovered functional relevance in daily commerce.

Production continued through 1992 largely by institutional inertia before the denomination was quietly phased out of practical circulation.