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10 Pesos Banco de D.Matte y Ca.
| Issuer | Banco de D. Matte y Cía. |
|---|---|
| Year | 1888-1889 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S278 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Santiago de Chile, Marzo 1º 1889 BANCO DE D.MATTE Y Ca. 10 Pagará al portador á la vista en Santiago DIEZ PESOS en moneda corriente American Bank Note Co. New York (Translation: Santiago of Chile, March 1st., 1889 Bank of D.Matte & Co. Will pay to bearer at sight in Santiago Ten Pesos in currency) |
| Reverse description | Printed entirely in red-orange on plain paper. The centre bears the bank name in a rectangular cartouche framed by elaborate lathe-work guilloche, with large numeral "10" medallions at left and right, all surrounded by dense geometric engine-turned ornamental patterns covering the full field. The printer's imprint appears at the bottom centre. |
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| Comments |
Banco de D. Matte y Cía. was one of several private Chilean banks authorized to issue currency under the 1860 banking law, which permitted commercial institutions to print their own notes backed by metallic reserves. The Matte family's banking interests were deeply entangled with nitrate and mercantile capital in the north, and notes like this one circulated in a commercial environment where private bank paper was often trusted more readily than government scrip.
ABNC's involvement was typical of Chilean private banking issues of this period — Santiago's merchant banks routinely contracted New York engravers rather than European houses. The series was short-lived; Chile's 1898 monetary reforms extinguished most surviving private bank circulation rights.