Catalog
50 Pesos 5 Condores
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1927-1930 |
| Type | Log in to see details |
| Value | 50 Pesos = 5 Condores |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE CHILE Cincuenta Pesos Cinco Cóndores Convertibles en Oro conforme a la ley BILLETE PROVISIONAL 8 de Octubre de 1928. TALLERES DE ESPECIES VALORADAS (Translation: Central Bank of Chile Fifty Pesos Five Cóndores Convertible into Gold in conformity with the Law October 8, 1928. Provisional Note) |
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| Protection type | Watermark |
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| Comments |
Chile's brief experiment with the gold-standard condor unit — introduced under the 1925 monetary reform engineered largely under pressure from the Kemmerer Mission — gave this note its dual denomination. Edwin Kemmerer's team restructured the Chilean currency system so thoroughly that the Central Bank itself was a product of their recommendations, founded in 1925. The 5 Condores equivalence was fixed at 50 Pesos, a ratio that reflected the old peso's devalued state rather than any new economic reality.
The shift in signature presentation between the March 1927 and October 1928 printings — printer's name moving from below to within the frame — is a minor but reliable variety marker for the series.