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100 Pesos

Issuer Banco de Chile
Year 1884
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Composition Cotton paper
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Obverse description Black intaglio on pink, yellow, and orange underprint. Allegorical female vignettes flank the central arms, with the note issued at Valparaiso. Multicolour guilloche underprint provides the decorative ground.
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Reverse description Reverse unprinted; plain paper stock consistent with a proof impression retained without reverse design.
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Comments

Banco de Chile was established in 1893 — which means any note dated 1884 attributed to it requires scrutiny. The Pick S147 listing falls under the broader Banco de Chile series that includes predecessor and regional institutions catalogued under that issuer umbrella; the actual contracting bank at the time of printing was likely operating under an earlier corporate name or regional charter, with the Pick attribution reflecting later consolidation in the catalog rather than the issuing institution's name as it appeared in 1884.

The American Bank Note Company contract is consistent with Chilean private bank issues of the period, when ABNC held a near-monopoly on prestige commercial paper across South America. Chilean banco libre notes from this decade were frequently overprinted, reissued, or cancelled in bulk following the 1925 banking reforms that centralized note issuance under the Banco Central de Chile.

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