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10 Pesos

Issuer Banco de Talca
Year 1885
Type Standard circulation banknote
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Obverse lettering BANCO DE TALCA
PAGARÁ A LA VISTA AL PORTADOR
DIEZ PESOS
Número
CIUDAD DE TALCA
MONEDA
FECHA
GERENTE
SPECIMEN
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Reverse lettering EL BANCO DE TALCA
DIEZ
PESOS
10
AMERICAN BANK NOTE COMPANY, NEW YORK
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Comments

The Banco de Talca was one of several Chilean provincial banks empowered to issue their own currency under the Ley de Bancos of 1860, a decentralized arrangement that persisted until the state moved to consolidate note-issuing authority in the 1890s. ABNC supplied engraved plates and printed sheets to dozens of Latin American private banks during this period — the Talca contract was part of that broader commercial relationship, not a specially commissioned production.

Chile's 1878 suspension of convertibility complicated the position of provincial issuers considerably, and notes from smaller regional banks like this one circulated in conditions of genuine monetary uncertainty. Survival rates for Talca issues are low.