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10 Pesos

Issuer Banco Nacional de Chile
Year 1876
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Shape Rectangular
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Obverse lettering EL BANCO NACIONAL DE CHILE
DIEZ
PESOS
Billete No
Banco Nacional de Chile
Pagadero en
Valparaiso
de 18
Reverse description The reverse is essentially plain, printed on cream-white cotton paper with no central design or vignette, showing only minor aging and foxing consistent with an unissued or remainder example. No printed text, guilloche work, or decorative elements are present on this side.
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Comments

The Banco Nacional de Chile was a private commercial bank, not a state institution — Chile's chaotic banking law of 1860 had opened the door to a proliferation of private note-issuing banks, and by the 1870s dozens of them were competing for circulation across the country. The Banco Nacional was among the larger and more stable of these, though the financial turbulence preceding and during the War of the Pacific would eventually reshape the entire Chilean banking sector.

ABNC produced several series for Chilean private banks during this period, often sharing decorative plate elements across different clients — worth checking against other South American issues from the same years if examining plate provenance.