5 Pesos

Banco de Curicó was one of Chile's provincial free-banking era institutions, chartered under the 1860 banking law that briefly allowed regional banks to issue their own notes. The system worked until the government nationalized issue authority in 1898, at which point surviving provincial notes were called in — most were redeemed and destroyed, which is why lower-denomination provincial Chilean issues from this period are genuinely difficult to locate today.

The American Bank Note Company held the contract for most Chilean provincial banks simultaneously, producing plates on a shared schedule out of New York. Curicó, a small agricultural town in the Maule region, had no printing infrastructure of its own.