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1 Peso

Issuer Banco de Caupolicán
Year 1884
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Composition Cotton paper
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Obverse lettering BANCO DE CAUPOLICANO
UN PESO
MONEDA CORRIENTE
VALE AL PORTADOR
A LA VISTA
Rengo
Contador
Gerente
SUPERINTENDENTE DE LA CASA DE MONEDA
American Bank Note Co. New York
Reverse description The reverse is unprinted, showing plain cream-coloured paper stock with no design elements, text, or ornamentation.
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Comments

The Banco de Caupolican was one of several provincial Chilean banks that emerged following the 1860 law permitting note-issuing banks outside Santiago. Caupolican — a province in central Chile — generated enough agricultural and mining commerce to sustain a private bank of issue, though the institution remained modest by any measure. The American Bank Note Company in New York supplied the printing for most Chilean provincial banks of this period, producing plates shared or adapted across multiple clients, which occasionally creates attribution headaches for researchers working across the Pick catalog.

Pick 136 is poorly documented in terms of surviving population, and Chilean provincial bank notes from the 1880s were subject to forced redemption and consolidation pressure well before the 1898 Ley de Conversión effectively ended private note issue in the country.

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