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500 Pesos
| Issuer | Casa de Moneda de Chile |
|---|---|
| Year | 2000-2023 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Bimetallic: copper-aluminium centre in nickel brass ring (Core: 95% Copper, 5% Aluminium. Ring: 70% Copper, 15% Nickel, 15% Zinc) |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Right-facing portrait bust of Cardinal Raúl Silva Henríquez occupying the centre of the coin, rendered in bold relief against a plain field. The mintmark (So) appears to the right of the effigy. On earlier issues, the engraver's signature F.ORE.P. is incised along the right side of the bust truncation. The legend REPUBLICA DE CHILE arcs along the upper periphery, with the cardinal's name CARDENAL RAUL SILVA HENRIQUEZ disposed along the lower portion of the obverse field. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA DE CHILE So CARDENAL RAUL SILVA HENRIQUEZ F.ORE.P. (Translation: Republic of Chile So Cardinal Raul Silva Henriquez F.ORE.P.) |
| Reverse description | Log in to see details |
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| Additional information |
Chile's 500 peso coin entered circulation in 2000 as the highest-denomination circulating coin in the country's decimal system, a response to inflation that had steadily eroded the purchasing power of smaller denominations over the preceding decades. The bimetallic format was adopted partly as an anti-counterfeiting measure — at face value, producing a convincing fake cost nearly as much as the coin itself.
One persistent nuisance with this series: the aluminum-bronze core is prone to a galvanic reaction at the join with the outer ring in humid conditions, producing a dark oxidation line that collectors sometimes mistake for artificial toning.