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10 000 Pesos Segmented security thread

Issuer Banco Central de Chile
Year 1994-2008
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Size 145 × 70 mm
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Obverse description Dark blue and dark olive-green on multicolour underprint, with an intaglio-printed portrait vignette of Capitán de Fragata Arturo Prat Chacón positioned at centre right. The face value and issuer title are rendered in bold letterpress across the upper and lower margins, with guilloche patterning forming the decorative underprint. A segmented security thread is embedded vertically within the paper.
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Reverse description Printed in red-brown and blue on multicolour underprint, the reverse centres on a vignette of the Hacienda San Agustín de Puñual in Ninhue, the birthplace of Arturo Prat Chacón, rendered at left centre. The composition is framed by ornate guilloche borders with the denomination and bank title inscribed across the upper register.
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Chile's 10,000 Peso note was introduced in 1994 as the highest denomination in general circulation, a position it held for over a decade before inflation quietly eroded its purchasing power to the point where the 20,000 Peso note became necessary. Thomas De La Rue's involvement with Chilean currency dates back well into the twentieth century — the relationship was long enough that security specifications evolved across successive print runs, the segmented thread variant distinguishing later production within this series from earlier issues bearing a plain embedded strip.

Cotton substrate from De La Rue's London operation. The segmented thread itself was a relatively recent anti-counterfeiting development when it first appeared on Chilean notes in the mid-1990s.