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50 Pesos 5 Condores

Issuer Banco Central de Chile
Year 1947-1958
Type Standard circulation banknote
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Obverse lettering CINCO CONDORES BANCO CENTRAL DE CHILE CINCUENTA PESOS CONVERTIBLES EN ORO CONFORME A LA LEY TALLERES DE ESPECIES VALORADAS. SANTIAGO, CHILE
(Translation: Five Condores Central Bank of Chile Fifty Pesos Convertible into Gold in Conformity with the Law)
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Protection type Watermark
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Comments

Chile's Banco Central ran this denomination under a dual-valuation system that acknowledged both the peso and the condor simultaneously — the condor being fixed at 10 pesos, making "5 Condores" simply an alternative expression of 50 pesos. The parallel labeling was a holdover from an earlier monetary framework and was quietly dropped when Chile redenominated with the escudo in 1960.

Talleres de Especies Valoradas, the state security printing works in Santiago, handled the entire run domestically — unusual for mid-century Latin American issues, where contracting to Bradbury Wilkinson or the American Bank Note Company remained common practice well into the 1950s.

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