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50 Pesos

Issuer Banco Central de Chile
Year 1975-1981
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Value 50 Pesos (50 CLP)
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Reverse lettering BANCO CENTRAL DE CHILE CINCUENTA PESOS ESQUADRA LIBERTADORA
(Translation: Central Bank of Chile Fifty Pesos Liberating Squadron)
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Protection description Portrait watermark of Diego Portales
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Comments

Chile's 50 Peso note of this series was printed domestically by the Casa de Moneda de Chile at a time when the country was deep into the economic restructuring imposed by the Pinochet junta following the 1973 coup. The peso itself had been redenominated in 1975 — one new peso equaling 1,000 old escudos — making this note part of the very first peso series after that conversion.

Domestic printing was a deliberate policy shift; earlier Chilean issues had frequently relied on foreign printers. The watermark security on this series is modest by international standards of the period, reflecting the constraints of the in-house facility rather than any particular design choice.