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100 Pesos 10 Condores

Issuer Banco Central de Chile
Year 1925
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Value 100 Pesos = 10 Condores
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Obverse description Brown on uncoloured paper. At left, a reclining allegorical female figure in classical dress reclines against a rock, rendered as an intaglio vignette within a fine guilloche border. The bank circular seal of the Banco Central de Chile appears at right. The denomination is expressed both in condores and pesos oro in large script lettering across the centre, with the date SANTIAGO, 10 DE DICIEMBRE DE 1925 below. The note is designated BILLETE PROVISIONAL at foot, with two manuscript signature lines for Presidente and Gerente General, and the imprint IMP. FISCAL – CHILE at the base.
Obverse lettering BANCO CENTRAL DE CHILE Diez Condores. República de Chile VALE POR CIEN PESOS ORO Convertibles en Oro conforme a la ley SANTIAGO 10 DE DICIEMBRE DE 1925. BILLETE PROVISIONAL IMP. FISCAL - CHILE
(Translation: Central Bank of Chile Ten Condores Republic of Chile Worth for One Hundred Pesos Gold Convertible according to the Law Santiago, December 10th, 1925 Provisional note)
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Comments

Chile's monetary system in 1925 was mid-transition. The peso had been the unit of account for decades, but the newly founded Banco Central — established by the Kemmerer Mission that same year — was simultaneously preparing to shift toward the condor as the primary denomination. This note straddles that change awkwardly, denominated in both units at a fixed rate of 10 pesos to the condor, a ratio that would soon make the dual labeling obsolete.

Printed domestically by Imprenta Fiscal rather than contracted abroad — unusual for Chilean notes of this period, which more commonly went to American Bank Note Company or Bradbury Wilkinson — the production quality reflects the limitations of local facilities in the mid-1920s.

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