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10 Pesos Banco del Ñuble

Issuer Banco del Ñuble
Year 1890
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Reference(s) P#S344
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Obverse lettering DIEZ 10 X BANCO DEL ÑUBLE PAGARÁ Á LA VISTA AL portador en Chillán DIEZ PESOS moneda corriente Chillán, Mayo 1 de 1890. American Bank Note Co., New York
(Translation: Ten Bank of Ñuble Will pay to bearer at sight in Chillán Ten Pesos in currency Chillán, May 1, 1890.)
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Reverse lettering BANCO DEL ÑUBLE 10 REPÚBLICA DE CHILE
(Translation: Bank of Ñuble 10 Republic of Chile)
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Comments

Banco del Ñuble was one of several provincial Chilean banks authorized under the 1860 Ley de Bancos, issuing its own notes backed by gold deposits held with the government. The ABNC printed for dozens of Latin American provincial issuers during this period, and the Ñuble notes share plate stock and border work with other Chilean provincial series of the same decade — distinguishing them by issuer rather than design family is the real collector challenge here.

The bank lost its right of issue following Chile's 1898 banking reforms, which consolidated note-issuing authority and forced redemption of all outstanding provincial paper.

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