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100 Pesos
| Issuer | Banco de Santiago |
|---|---|
| Year | 1884 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S417 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DE SANTIAGO Nº pagará á la vista al portador en Santiago CIEN PESOS moneda corriente Serie A Santiago de de 18 Contador Gerente BANCO DE SANTIAGO No Série A 100$ |
| Reverse description | The reverse is printed entirely in orange, with a vertical format dominated by concentric guilloche lathe-work borders of great intricacy forming an overall engine-turned underprint. Two large numeral panels, each reading 100, appear at the top and bottom of the central field, separated by a ribbon cartouche bearing the inscriptions EL BANCO DE SANTIAGO and CIEN PESOS in bold letterpress over the guilloche ground. The denomination 100 also appears in each corner in smaller figures, and the whole is enclosed within a scalloped ornamental frame. |
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| Comments |
The Banco de Santiago was a short-lived Chilean private bank, one of several authorized under the 1860 banking law that permitted note-issuing institutions to operate with government oversight. It failed before the end of the decade, which sharply limits the volume of surviving paper.
ABNC engraved and printed this series in New York at a time when virtually every serious South American bank of issue turned to either them or their rival BWC for security printing — Chilean institutions were no exception. The 100 Peso denomination would have represented substantial purchasing power in 1884, making high-denomination survivors rarer than the smaller values from the same emission.