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| Issuer | República de Chile (Treasury) |
|---|---|
| Year | 1880-1881 |
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| Value | 2 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Black on green underprint. At left, an intaglio portrait vignette of Admiral Manuel Blanco Encalada; at centre-right, a finely engraved landscape vignette of a village scene; the National Arms of Chile appear at lower right. Two official handstamps are applied: Type III 'SUPERINTENDENCIA DE LA CASA DE MONEDA' and Type IV 'CONTADURIA MAYOR'. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Printed in brown, the reverse is composed entirely of intricate engine-turned guilloche patterns arranged in horizontal registers, with oval and lozenge-shaped medallions interspersed throughout. The central band carries the bold intaglio inscription 'REPUBLICA DE CHILE' within a rectangular cartouche flanked by numeral '2' counters, while a large ornate circular medallion at left bears the denomination numeral. At right, a circular guilloche medallion encloses the legal tender text in small condensed lettering, citing the Law of 10 April 1879. |
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| Comments |
Chile's Treasury issued this series during a period of acute fiscal stress — the War of the Pacific (1879–1884) had stretched government finances severely, and paper emissions from the Treasury rather than a commercial bank reflected the state's direct need for emergency liquidity. The American Bank Note Company contract was not unusual for South American governments of this period; ABNC held relationships across the continent and produced notes for multiple belligerents simultaneously.
The P#2 designation within the Chilean Treasury series suggests a very limited emission run, and surviving examples are genuinely scarce.