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10 Centesimos Overprint on 100 Pesos P#122
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1960-1963 |
| Type | Log in to see details |
| Value | 10 Centésimos (0.10) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE CHILE CIEN 100 CIEN 10 CENTESIMOS DE ESCUDO CIEN PESOS (Translation: Central Bank of Chile 10 cents of Escudo One hundred Pesos) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Portrait of Diego Portales |
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| Comments |
Chile's 1960 monetary reform slashed the peso by a factor of 1,000, converting old 100-peso notes into 10-centésimo instruments through overprint rather than a complete reissue. It was a fiscal shortcut — the Casa de Moneda simply worked through existing 100-peso stock rather than printing an entirely new denomination from scratch, which would have taken time the government didn't have during the reform's rollout.
The overprint method invariably creates condition problems specific to this type: ink strike inconsistencies and misaligned stampings are common enough to be expected rather than exceptional.