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100 Pesos 10 Condores

Issuer Banco Central de Chile
Year 1925
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Printer Imprenta Fiscal, Santiago, Chile
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Reverse description Brown. The reverse is dominated by a large five-pointed star vignette at centre, set within an intricate guilloche underprint of fine lathe-work. Two oval counters bearing the numeral 100 flank the central star at left and right, while four smaller ornamental rosette medallions occupy the corners. The legend REPUBLICA DE CHILE arches across the top, with CIEN PESOS in a straight legend at the foot.
Reverse lettering REPÚBLICA DE CHILE 100 CIEN PESOS
(Translation: Republic of Chile One Hundred Pesos)
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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.