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10 Pesos Banco de Santiago

Issuer Banco de Santiago
Year 1883
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Shape Rectangular
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Obverse description Black print with salmon underprint. A standing allegorical female figure at left holds an oval portrait vignette of Manuel Antonio Tocornal, while a second female figure accompanied by children occupies the lower right. The note is oriented vertically, with the denomination and issuer legends arranged accordingly.
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Reverse lettering EL BANCO DE SANTIAGO DIEZ PESOS
(Translation: The Bank of Santiago Ten Pesos)
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Banco de Santiago was one of several Chilean private banks authorized under the Ley de Bancos of 1860, which permitted note issuance backed by specie reserves. By 1883, Chile was mid-war — the War of the Pacific had been running since 1879 — and private bank notes were carrying an outsized share of daily commerce as government finances strained under military expenditure.

The American Bank Note Company held the contract for this series. ABNC's work for Chilean private banks during this period was consistent in quality, with intaglio printing on imported paper stock that held up reasonably well in circulation.