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50 Escudos Overprint on 50 000 Pesos P#123

Uitgever Banco Central de Chile
Jaar 1960-1961
Type Log in om details te zien
Waarde 50 Escudos
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde BANCO CENTRAL DE CHILE CINCUENTA MIL PESOS CINCO MIL CONDORES CONVERTIBLES EM ORO CONFORME LA LEY CASA DE MONEDA DE CHILE
(Translation: Central Bank of Chile Fifty Thousand Pesos Five Thousand Condores Convertibles in Gold, according the Law Chile Mint)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Portrait of Diego Portales
Varianten Log in om details te zien
Opmerkingen

Chile's 1960 monetary reform lopped three zeros off the peso, creating the escudo at a rate of 1,000 pesos to one escudo. Rather than commission entirely new stock, the Banco Central authorized the Casa de Moneda to overprint existing 50,000-peso notes with the new denomination — a stopgap that kept currency physically available during the transition before purpose-designed escudo notes could be produced in sufficient quantity.

The overprint series is consequential for collectors precisely because its lifespan was short. Replacement notes arrived quickly, and overprinted examples were withdrawn and destroyed in volume. Surviving circulated specimens typically show the handling of an actively used bridging currency rather than a note anyone thought worth preserving.

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