500 Pesos

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Legenda del dritto	REPUBLICA DE CHILE Vale por 500 Quinientos Pesos convertibles en oro por el Estado conforme á la lei. SPECIMEN SANTIAGO American Bank Note Co., New York (Translation: Republic of Chile worth for Five Hundred Pesos Convertible into gold by the State in accordance of the Law Santiago)
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Legenda del rovescio	REPÚBLICA DE CHILE 500 500 AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: Republic of Chile)
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Commenti	The República de Chile issued this high-denomination note during a period of acute monetary instability driven by the country's inconvertibility crisis — Chile had suspended gold convertibility in 1878 and never fully restored it, leaving paper circulation chronically overextended into the early twentieth century. A 500 Peso note in this environment was a serious instrument, not pocket money; it circulated among merchants, exporters, and institutions conducting the kind of business the nitrate trade generated. ABNC produced the series in New York under contract, as they did for most of Chile's formal banknote output in this period. The engraved intaglio work is characteristic of their best commercial quality for South American government clients.