10 000 Pesos 1000 Condores

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.