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1000 Pesos 100 Condores
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1945-1947 |
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| Size | 180 × 80 mm |
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| Obverse description | Brown intaglio print on green guilloche underprint. Portrait vignette of Admiral Manuel Blanco Encalada positioned at right, with his name inscribed beneath. The face carries the issuer title, dual denomination statement, date, and gold convertibility clause in typeset lettering. |
|---|---|
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| Reverse description | Brown and purple bicolor print. A large central vignette reproduces the historical scene of the Founding of Santiago de Chile, with armored conquistadors and indigenous figures grouped around a prominent rocky outcrop against a Andean mountain backdrop. The Banco Central de Chile seal appears in a circular cartouche at lower left, while an oval watermark space is reserved at right; the border is composed of interlocking geometric guilloche ornaments, with the numeral 1000 repeated in each corner. |
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| Comments |
Chile operated a dual-denomination system between 1925 and 1960 in which the Condor was pegged at ten Pesos, making this note worth precisely 100 Condores — a parallel valuation that appeared on the face of larger-denomination notes as an accounting convenience for foreign exchange and commercial transactions. The Banco Central had used this format since its founding in 1925, but by the mid-1940s the peg was increasingly theoretical as inflation steadily eroded the Peso's purchasing power.
Printed domestically by the Talleres de Especies Valoradas, the state security printing works in Santiago, rather than contracted abroad as earlier Chilean issues had been. The shift toward domestic production accelerated during the Second World War when shipping banknote paper and finished notes across the Atlantic became impractical.