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5000 Pesos 500 Condores

Issuer Banco Central de Chile
Year 1947-1959
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Printer Talleres de Especies Valoradas, Santiago de Chile
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Obverse description Brown-violet intaglio note with a dense guilloche underprint across the field, centered on an oval portrait vignette of Manuel A. Tocornal with his name inscribed on the lower frame of the portrait. The denomination "CINCO MIL PESOS" appears in a solid panel at the bottom center, flanked by numeral "5000" counters at each corner, with two manuscript signatures below — those of the Presidente and Gerente General — accompanied by the texts "QUINIENTOS CONDORES" and "CONVERTIBLES EN ORO CONFORME A LA LEY". The issuer title "BANCO CENTRAL DE CHILE" runs along the top, and the printer's imprint appears at the base.
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Reverse lettering BANCO CENTRAL DE CHILE
BATALLA DE RANCAGUA
CINCO MIL PESOS
(Translation: Central Bank of Chile / Battle of Rancagua / Five Thousand Pesos)
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Comments

The dual denomination — 5000 Pesos and 500 Condores simultaneously — reflects Chile's transitional monetary arithmetic of the period, when the Condor (worth 10 Pesos) remained legal tender alongside the Peso. The Condores unit was eventually dropped from notes as the 1960 currency reform approached, which converted 1000 old Pesos into 1 Escudo and rendered both designations obsolete in a single stroke.

Five distinct signature combinations across roughly twelve years of issue make dating individual examples possible with some precision. The shift from 169 mm to 166 mm printed panel width between signature varieties, and the later addition of a security thread to the Trucco/Maschke pairing, are the most useful physical markers for attribution. Printed entirely domestically by the Talleres de Especies Valoradas — Chile's own security printing facility in Santiago — rather than contracted abroad, which was unusual for a note of this denomination in mid-century Latin America.

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