1 Peso

Chile's 1867 peso was struck under a monetary framework inherited from the post-independence decimal reforms, but the year carries specific weight: the country was then entangled in the Chincha Islands War alongside Peru, Bolivia, and Ecuador against Spain. Naval bombardments and an ongoing Spanish blockade created real pressure on Chilean commerce and treasury operations, making coin production both economically strained and politically charged.

KM#141 is notable for the relatively short window in which the 25-gram silver standard held before Chile's fiscal difficulties pushed the government toward lighter silver and eventually copper-nickel coinage in subsequent decades.