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20 Pesos Banco de D.Matte y Ca.
| Issuer | Banco de D. Matte y Ca. |
|---|---|
| Year | 1888 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in black intaglio on white paper with a salmon-pink guilloche underprint. A central vignette depicts a reclining allegorical female figure surrounded by agricultural produce, framed by an arched guilloche border with the denomination numeral '20' on each side. Two female portrait vignettes in classical attire flank the central scene, one at left and one at right, with the bank name 'BANCO DE D.MATTE Y Ca.' in bold letterpress across the center, above the payable clause and the denomination 'VEINTE PESOS' in ornate script; serial numbers appear at lower left and right, and the imprint of the American Bank Note Company is printed at the bottom. |
|---|---|
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| Variants | a. Issued note. r. Remainder. |
| Comments |
Banco de D. Matte y Cía. was one of several Chilean private banks operating under the 1860 Ley de Bancos, which permitted note-issuing rights to chartered commercial institutions. The Matte family banking house, connected to the powerful Santiago commercial elite, used the American Bank Note Company for its currency production — a common arrangement for Chilean private banks of the period, as ABNC's New York operation dominated South American banknote contracts through the 1880s and 1890s.
Chile's private banking era ended abruptly with the 1898 nationalization of note-issuing rights, after which most surviving private bank notes were redeemed and pulped. Uncirculated examples from this series are genuinely uncommon as a result.