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50 Pesos
| Issuer | República de Chile |
|---|---|
| Year | 1899-1914 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DE CHILE Vale por CINCUENTA PESOS convertibles en oro por el Estado conforme á la lei. SANTIAGO 16 de Deciembre del 99. American Bank Note Co., New York (Translation: Republic of Chile worth for Fifty Pesos Convertible into gold by the State in accordance of the Law Santiago, December 16, 1899.) |
| Reverse description | Log in to see details |
| Reverse lettering | 50 REPÚBLICA DE CHILE 50 (Translation: Republic of Chile) |
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| Comments |
The República de Chile contracted the American Bank Note Company for this series during a period when Chilean paper currency was severely strained by the consequences of the 1878 inconvertibility decree — a suspension of specie payments that stretched, with brief interruptions, well into the twentieth century. The ABNC's New York presses produced the physical notes, which were then shipped to Santiago for issue, a common arrangement for Latin American governments unable to sustain domestic security printing of sufficient quality.
The fifteen-year issue window for P#24 reflects not orderly reissue cycles but chronic monetary instability — the same plate stock serving a government that repeatedly delayed any return to a gold or silver standard.