Catalog
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| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 1975-1976 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The denomination numeral '5' is displayed prominently in large, bold relief at the centre of the field, with the inscription CENTAVOS immediately below and the four-digit date below that. The central device is flanked on both sides by symmetrical olive branches curving upward from the base, their sprigs meeting at the lower margin to form a decorative wreath frame. The overall design is clean and unadorned, giving full emphasis to the face value. |
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| Mintage | 1975 So - - 5,400,000 1976 So - Only in Sets - |
| Additional information |
This issue belongs to the early Pinochet period, struck while Chile's economy was being restructured under the Chicago Boys — a group of economists who implemented sweeping monetarist reforms that dramatically altered the peso's purchasing power. The 5 centavos denomination was already marginal by 1975 and was effectively obsolete within years as inflation eroded small coinage into irrelevance. Production ceased after 1976.