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50 000 Pesos 5000 Condores

Issuer Banco Central de Chile
Year 1958-1959
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Currency Old peso (1835-1959)
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Obverse lettering BANCO CENTRAL DE CHILE CINCUENTA MIL PESOS CINCO MIL CONDORES CONVERTIBLES EN ORO CONFORME A LA LEY CASA DE MONEDA DE CHILE
(Translation: Central Bank of Chile Fifty Thousand Pesos Five Thousand Condores Convertible in Gold According to the Law Chile Mint)
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Reverse lettering BANCO CENTRAL DE CHILE CINCUENTA MIL PESOS
(Translation: Central Bank of Chile Fifty Thousand Pesos)
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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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