Catalog
10 Pesos Banco de Talca
| Issuer | Banco de Talca |
|---|---|
| Year | 1885-1888 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | Printed in green; overall guilloche pattern with the issuer name at center, face value in numerals at all four corners and in two lines of text at center. Printer's imprint along both top and bottom margins. |
| Reverse lettering | 10 DIEZ EL BANCO DE TALCA PESOS AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Ten Pesos The Bank of Talca.) |
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| Comments |
The Banco de Talca was one of several regional Chilean banks authorized under the 1860 Ley de Bancos, which permitted private institutions to issue their own circulating notes backed by specie reserves. The American Bank Note Company in New York handled printing for numerous South American clients during this period, and the Talca commission was part of a broader pattern of Chilean provincial banks outsourcing their note production rather than relying on domestic facilities.
Talca's notes circulated primarily in the Maule region's agricultural economy, dominated by wheat and wine production. The Banco de Talca was eventually absorbed into the consolidation process that followed Chile's 1925 banking reforms, which extinguished all private note-issuing rights and centralized currency under the newly established Banco Central de Chile.