Catalog
10 Escudos red serial
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1970-1971 |
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| Shape | Rectangular |
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| Obverse description | Gray-green, violet-brown, and blue-gray tones over a multicolor underprint, with a portrait vignette of President José Manuel Balmaceda positioned at right. The design incorporates fine guilloche patterning across the face, with the issuing authority and denomination inscribed in the upper and lower registers. The overall composition is rendered in a classical intaglio style typical of mid-twentieth-century Chilean issues. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE CHILE Eº DIEZ DIEZ ESCUDOS (Translation: Central Bank of Chile Ten Escudos) |
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| Comments |
Chile's Casa de Moneda began printing escudo notes domestically after decades of relying on foreign printers, and this issue reflects that shift. The escudo itself was introduced in 1960 to replace the peso at a rate of 1,000 to one — a ratio that tells you everything about the inflation Chile had endured through the 1950s.
The red serial variant of P#142 distinguishes it from earlier black-serial printings of the same type, a change made during production runs in 1970–71 as Allende's government took office and monetary pressures were already building toward the hyperinflationary collapse that would follow within two years.