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100 Pesos Banco de Santiago
| 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 | Paper |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 Autorizado por decreto suprem 30 Setiembre DE 1884 EL BANCO DE SANTIAGO pagará á la vista al portador en Santiago CIEN PESOS moneda corriente SANTIAGO Gerente Contador Superintendente de la Casa de Moneda AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Authorized by Supreme Decree of September 30, 1884. The Bank of Santiago will pay to bearer at sight in Santiago one hundred pesos, current currency. Manager. Accountant. Superintendent of the Mint.) |
| Reverse description | Uniface orange intaglio print. The design is composed entirely of intricate guilloche lathe-work forming two large oval counters, each bearing the numeral "100", flanking a central panel with the bank title and denomination in bold serif lettering. A scalloped guilloche border frames the entire face, with the printer's imprint in small text at the foot. |
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| Comments |
Banco de Santiago was one of several Chilean private banks authorized to issue their own currency under the 1860 Ley de Bancos, a system that persisted until the state consolidated note-issuing authority in the early twentieth century. During this period, ABNC held contracts with a significant number of South American private banks simultaneously, often recycling vignette elements across different clients — a common practice that can make attribution tricky when plates survive from multiple issuers.
Chile's 1878 financial crisis forced many banks to suspend specie payments, and notes from this period circulated at varying discounts depending on the issuing institution's perceived solvency. Santiago-based banks generally fared better than provincial ones.