Catalog
5 Pesos
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1981-1990 |
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| Composition | Log in to see details |
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| Orientation | Coin alignment ↑↓ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse features a large, boldly struck numeral "5" dominating the upper central field, with the denomination legend "PESOS" inscribed below it in capital letters. The year of issue appears beneath the denomination, centered in the lower field. Two symmetrically arranged olive or laurel branches frame the central design, their stems crossing at the base and curving upward along either side to form an open wreath, lending a classical and heraldic character to the composition. |
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| Additional information |
Chile's 1981 monetary reform slashed four zeros from the escudo-era denominations, and this small nickel-brass piece entered circulation as part of the reconstituted peso system that Pinochet's Chicago Boy economists had been rebuilding since 1975. The coin saw heavy everyday use through one of the more turbulent decades in Chilean economic history, including the severe banking crisis of 1982–83 that required government intervention in nearly a third of the country's financial institutions.