5 Pesos

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.