10 Pesos

Banco de Melipilla was one of several Chilean provincial banks authorized under the 1860 Ley de Bancos, which permitted private institutions outside Santiago to issue their own currency. The arrangement lasted until 1898, when the Chilean government nationalized note issuance — at that point, outstanding provincial bank notes were called in and the issuing banks wound down. Melipilla itself is a small agricultural town southwest of Santiago, and the bank's circulation was almost certainly regional in practice.

American Bank Note Company handled the engraving and printing, as it did for a substantial share of Latin American provincial bank issues in this period. ABNC's New York production records from the 1880s document the Melipilla contract, which accounts for the consistently high engraving quality across the series despite the obscurity of the issuing institution.