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100 Pesos 10 Condores

Issuer Banco Central de Chile
Year 1957-1958
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Printer Talleres de Especies Valoradas, Santiago, Chile
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Reverse description Printed in red on a multicolor olive-green guilloche underprint, the reverse presents a large denomination numeral '100' at left center, flanked by an intricate lathe-work border with corner numerals. A circular Banco Central de Chile seal incorporating a condor vignette is centered below the guilloche field, with an oval watermark window at right. The upper and lower borders carry the issuer name and denomination in bold letterpress.
Reverse lettering BANCO CENTRAL DE CHILE CIEN PESOS
(Translation: Central Bank of Chile One Hundred Pesos)
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Comments

Chile's chronic inflation through the 1950s meant the 100 Peso denomination, once significant, had eroded badly in purchasing power by the time this series was printed. The dual denomination — 100 Pesos and 10 Condores — reflects the transitional accounting system in use before the 1960 monetary reform replaced the Peso with the Escudo at a rate of 1,000 to 1, effectively confirming how far the currency had already depreciated.

Printed domestically by the Talleres de Especies Valoradas, Chile's own security printing works in Santiago, rather than contracted abroad — which was common for smaller Latin American issuers of the period.

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