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100 Pesos 10 Condores - overprint on P# 66b

Issuer Banco Central de Chile
Year 1925
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Value 100 Pesos = 10 Condores
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Reverse description Printed in red-brown on a light ground. The central vignette, set within a semi-circular arch, presents a seated allegorical female figure accompanied by a large urn and other classical attributes. Flanking the central image are two symmetrical guilloche medallions, each bearing the numeral 100, with the legend CIEN PESOS rendered in bold serif lettering on scroll-like banners above and below each medallion. Corner numerals 100 repeat at all four angles.
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Protection type Watermark
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Comments

Chile's shift from a peso-based to a condor-based monetary unit in 1925 created an immediate practical problem: existing peso-denominated stocks had to be brought into alignment before newly designed notes could be ready. The solution was an overprint. This note belongs to that transitional moment — the Banco Central de Chile, itself only established in 1925 under pressure from the Kemmerer Mission, was issuing currency before it had fully designed its own.

The overprint was applied by the Imprenta Fiscal in Santiago, the same government printing facility responsible for the base note. That continuity of printer is worth noting — it kept the overprint officially sanctioned rather than a field expedient.

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