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1 Peso

Issuer Banco de Concepción
Year 1885
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Shape Rectangular
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Obverse lettering BANCO DE CONCEPCION
Concepcion, Chile, Enero de 18
PAGARA AL PORTADOR A LA VISTA, EN CONCEPCION
UN PESO
EN MONEDA CORRIENTE
SUBINTENDENTE DE LA CASA DE MONEDA
Contador
Director Gerente
American Bank Note Co. New York
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Variants a. Issued note.
r. Unsigned remainder.
Comments

Banco de Concepción was one of several Chilean provincial banks authorized under the 1860 Ley de Bancos, which allowed private institutions to issue their own circulating notes — a decentralized arrangement that persisted until the Banco Central de Chile consolidated issuance authority in the 1920s. The American Bank Note Company handled engraving and printing for a number of these Chilean provincial issuers during the latter half of the 19th century, often supplying high-security intaglio work that local printers could not match.

Concepción, the issuing city, was the commercial hub of Chile's southern provinces, giving this note a genuine regional circulation role rather than merely a nominal one.

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