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10 000 Pesos 1000 Condores
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1940 |
| Type | Standard circulation banknote |
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| Obverse description | Violet on brown underprint. An oval vignette at center frames the portrait of President José Manuel Balmaceda, rendered in intaglio against a finely worked guilloche background. The denomination appears in bold letterpress as DIEZ MIL PESOS below the portrait, with the convertibility clause and MIL CONDORES legend flanking the lower field, and two sets of serial numbers and series letter positioned at upper left and upper right. |
|---|---|
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| Reverse description | Printed in violet. A rectangular central vignette reproduces the painting El Abrazo de Maipú (The Embrace of Maipú), illustrating the victorious meeting of generals on horseback amid troops and flags following the battle of Maipú. The vignette is framed by a structured border with guilloche corner ornaments, with the bank title at top and the denomination DIEZ MIL PESOS inscribed below the central scene. A circular seal of the Talleres de Especies Valoradas appears at lower left. |
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| Comments |
Chile's dual-denomination system in the late 1930s and 1940s — where pesos and cóndores coexisted on the same notes at a fixed ratio of ten to one — was an artifact of the 1925 monetary reform that introduced the cóndor as the unit of account while the peso remained in everyday use. The result was notes that had to express both values simultaneously, a practical compromise that satisfied neither the reformers who wanted a clean break nor the public that refused to abandon pesos.
The Talleres de Especies Valoradas, the Chilean state security printing works, produced this domestically — unusual for high-denomination Latin American issues of this period, when most countries still contracted European firms.