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10 Centesimos Overprint on 100 Pesos P#122

Uitgever Banco Central de Chile
Jaar 1960-1963
Type Standard circulation banknote
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Beschrijving keerzijde Red on brown underprint. The Central Bank seal appears at lower centre, flanked by the issuer name along the top. The numeral "100" is placed in all four corners, with "CIEN" rotated 90° along the side margins near the edge. The red overprint applied to P#122 introduces the new denomination "10 CENTESIMOS DE ESCUDO" in bold lettering, with the face value expressed both in numerals at left and in words along the bottom.
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Beveiligingstype Watermark
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Opmerkingen

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.

MISSCHIEN OOK INTERESSANT