Catalog
2 Pesos overprint on P#12 - Republica de Chile
| Issuer | Republica de Chile |
|---|---|
| Year | 1898 |
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| Composition | Log in to see details |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DE CHILE vale por DOS PESOS convertibles 17 de Agosto de 1898. en oro ó plata por el Estado conforme á la lei. SANTIAGO American Bank Note Co., New York (Translation: Republic of Chile worth Two Pesos convertible August 17, 1898. into gold or silver by the State in accordance with the Law. SANTIAGO American Bank Note Co., New York) |
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| Reverse lettering | COMPAÑIA AMERICANA DE BILLETES DE BANCO, NUEVA YORK 2 REPUBLICA DE CHILE ESTE BILLETE ES MONEDA LEGAL PARA LA SOLUCION DE TODA ESPECIE DE OBLIGACIONES CUALES QUIERA QUE SEAN SU FECHA I LOS TERMINOS EN QUE ESTEN OTORGADOS. LEI DE 10 DE ABRIL DE 1879. EMISION FISCAL LEI 1.054 DE 31 DE JULIO DE 1898 AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: American Bank Note Company, New York 2 Republic of Chile This banknote is legal tender for the settlement of all types of obligations whatever their date and the terms in which they are granted. Law of April 10, 1879. Fiscal Issue Law 1,054 of July 31, 1898) |
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| Comments |
Chile's fiscal situation in the 1890s was chaotic enough that the government resorted to overprinting existing stock rather than commissioning fresh plates — this note is a direct product of that expedient. The 2 Pesos value was stamped over the earlier P#12 printing, repurposing banknote stock that would otherwise have been retired or destroyed during the monetary turbulence following the 1891 Civil War and its aftermath.
ABNC-printed Chilean notes of this overprint series are frequently found with uneven ink coverage on the stamped value, a known characteristic of the overprint application rather than damage in circulation.