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5 Pesos 1/2 Condor - 'Casa de Moneda'
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1958-1959 |
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| Composition | Log in to see details |
| Size | 145 × 70 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Blue intaglio print. The design is dominated by a large numeral '5' vignette at left center set against a finely engraved guilloche underprint, with a central blank oval field for the watermark. The circular Banco Central de Chile – Santiago seal appears at right, and denomination numerals '5' occupy each corner within an ornate geometric border. |
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| Protection type | Watermark |
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| Comments |
By the late 1950s, Chile's inflation was severe enough that the 5 Peso note had become nearly useless in daily transactions — the denomination was effectively dead money, retained in circulation largely through institutional inertia before the 1960 monetary reform replaced the peso with the escudo at a rate of 1,000 to one. Notes from this period were printed domestically by Casa de Moneda de Chile, the state mint, which had taken over banknote production as a cost-cutting measure during earlier decades of currency pressure.
The P#119 series is among the last 5 Peso issues before the escudo conversion rendered the denomination obsolete.