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50 000 Pesos 5000 Condores

Issuer Banco Central de Chile
Year 1958-1959
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Shape Rectangular
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Obverse description Dark-green and brown on multicolor underprint, with a central vignette of Arturo Fortunato Alessandri Palma (1868–1950), the 17th and 21st President of Chile, rendered in intaglio. Denomination inscriptions and issuer legends are arranged around the portrait within a guilloche border. Text references convertibility in gold in accordance with the law.
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Reverse description Brown and dark-green, with a central vignette of the facade of the Banco Central de Chile headquarters in Santiago, rendered in fine-line intaglio engraving. The bank seal appears at the left, flanked by denomination and issuer inscriptions set within a guilloche surround.
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Comments

Chile redenominated its currency in 1960, replacing the Peso at a rate of 1000 Pesos per Escudo — which makes notes from this 1958–1959 period the last gasp of a currency already marked for extinction. The dual denomination printed on this note, expressing the value simultaneously in Pesos and Condores, reflects an older parallel unit that never fully circulated but persisted on high-value paper as an accounting convention.

Printed domestically by the Casa de Moneda in Santiago rather than contracted abroad, which was not always the case for Chilean high-denomination issues of this period.

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