| Popis líce |
Black intaglio on pink-tinted paper. At left, a vignette of a stone aqueduct or bridge with arches; at centre, the denomination numeral 10 in an ornate guilloche medallion overlaid with a circular oficina de contabilidad seal; at right, a portrait vignette of a bearded male dignitary within a guilloche frame, flanked by a second numeral 10 medallion. The inscription REPUBLICA DE CHILE arches across the top, with DIEZ PESOS and VALE POR in letterpress below, and the convertibility clause in script alongside manuscript date and signature at the foot. |
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| Popis rubu |
Printed entirely in rust-brown/red-brown on plain paper, with an elaborate symmetric guilloche design composed of interlocking oval and floral rosette frames extending across the full field. The central horizontal panel carries the bold letterpress inscription REPUBLICA DE CHILE within a rectangular cartouche flanked by ornamental flourishes. The denomination numeral 10 appears in a guilloche medallion at the left, and a dense block of legal penalty text occupies a panel at the upper right. |
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Chile's 1880s note issues came during a period of serious monetary instability — the War of the Pacific (1879–1884) against Peru and Bolivia had stretched public finances badly, and paper money circulated under effective inconvertibility. The government had suspended specie payments in 1878, and notes issued through this period floated on uncertain backing.
The American Bank Note Company held a long relationship with Chilean authorities across multiple series. P#12B is a sub-variety within the broader 12 series, distinguished by signature or date combinations rather than a redesign — collectors should verify the specific signing configuration against reference plates, as the sub-varieties are frequently mislabeled in trade.