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10 000 Pesos 1000 Condores

Issuer Banco Central de Chile
Year 1932
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Shape Rectangular
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Obverse description Blue on multicolour underprint. The central vignette bears a portrait of President José Manuel Balmaceda, with the bank seal positioned at right, all set within an intricate guilloche framework characteristic of the period. Bilingual denomination inscriptions — in both pesos and condores — together with the date of issue are rendered in letterpress, with the issuing authority legend arching across the upper and lower registers.
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Reverse description Printed in blue and purple, the reverse centres on an elaborate guilloche rosette from which the bold, shadowed numeral "10.000" emerges in large letterpress characters. A finely engraved geometric lathe-work border frames the entire composition, with a stepped inner rule enclosing the central motif.
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Chile's catastrophic economic collapse in the early 1930s — among the worst of any country globally during the Great Depression, by several measures — forced the Banco Central into increasingly large denominations for basic transactions. The 1932 date on this note falls squarely in that trough. The dual denomination, expressing value simultaneously in both Pesos and Condores, reflects the 1925 monetary reform under which the Condor was introduced at 10 Pesos, though in practice the old Peso remained the dominant unit in everyday speech.

Printed domestically by the Talleres de Especies Valoradas — Chile's own state security printing works — rather than sent abroad to Bradbury Wilkinson or American Bank Note as earlier issues had been.