Catalog
5 Pesos 1/2 Condor
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1944-1958 |
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| Printer | Talleres de Especies Valoradas, Santiago, Chile |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE CHILE CINCO PESOS MEDIO CONDOR CONVERTIBLES EN ORO, CONFORME A LA LEY TALLERES DE ESPECIES VALORADAS - SANTIAGO - CHILE (Translation: Central Bank of Chile Five Pesos Half Condor Convertibles in gold, in according with the Law Valued Species Workshops - Santiago - Chile) |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE CHILE CINCO PESOS (Translation: Central Bank of Chile Five Pesos) |
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| Comments |
Chile's Talleres de Especies Valoradas — the state security printing works in Santiago — produced this entire series domestically, which was still something of a point of institutional pride for the Banco Central in the postwar period, when many Latin American central banks still depended on Bradbury Wilkinson, ABNC, or similar foreign houses for their currency production.
The fourteen-year span of this issue coincides almost exactly with Chile's most turbulent inflationary stretch before the 1959–1962 monetary reform, which replaced the peso at a rate of 1,000 to 1 and introduced the escudo. By the late 1950s, notes of this denomination had largely lost practical utility.