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50 Centesimos Overprint on 500 Pesos P#115
| Uitgever | Banco Central de Chile |
|---|---|
| Jaar | 1960-1961 |
| Type | Standard circulation banknote |
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| Valuta | Log in om details te zien |
| Samenstelling | Log in om details te zien |
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|---|---|
| Opschrift voorzijde | BANCO CENTRAL DE CHILE QUINIENTOS PESOS CINCUENTA CONDORES CONVERTIBLES EN ORO CONFORME A LA LEY TALLERES DE ESPECIES VALORADAS - SANTIAGO - CHILE (Translation: Central Bank of Chile Five Hundred Pesos Fifty Condores Convertible in Gold in Accordance with the Law Valued Species Workshops - Santiago - Chile) |
| Beschrijving keerzijde | The reverse reproduces a scene of the arrival of Diego de Almagro in Chile in a large central vignette, surrounded by ornate guilloche borders. A red letterpress overprint carries the new denomination in Escudos, superimposed over the original design of the P#115 500 Pesos note. The overall colour scheme of the reverse is dominated by the contrast between the underlying printed design and the bold red overprint text. |
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| Opmerkingen |
Chile's 1960 monetary reform slashed the peso by a factor of 1,000, creating the escudo and forcing the Central Bank to overprint existing stock rather than wait for freshly designed currency. This note is a direct product of that stopgap — a 500 Pesos note hand-stamped or mechanically overprinted to read 50 Centesimos de Escudo, reflecting the precise conversion ratio. The Talleres de Especies Valoradas handled both the original printing and the overprint work in-house, which kept the operation under state control but introduced noticeable inconsistencies in overprint placement across the series.
Overprint adhesion on these is worth scrutiny — ink separation from the base note is a documented issue on worn examples.