10 Pesos 1 Condor

Chile's Banco Central issued this denomination during a period of accelerating inflation that would eventually force a complete currency revaluation in 1960 — the escudo replaced the peso at 1,000 to 1, rendering the entire peso series obsolete overnight. The 1 Condor equivalency printed on this note reflects an older dual-denomination system linking the peso to the condor unit, a relationship that had become increasingly theoretical as purchasing power eroded through the 1950s.

Printed domestically by the Talleres de Especies Valoradas, Chile's own security printing works in Santiago, rather than contracted abroad — unusual for mid-century Latin American issues, where European and American printers dominated.