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10 Escudos

Issuer Banco Central de Chile
Year
Type Pattern or trial banknote
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Reverse description The reverse presents a large vignette of the 'Abrazo de Maipú' battle scene in rose-pink intaglio, with soldiers on horseback and infantry carrying flags in a dynamic composition referencing the 1818 Battle of Maipú. The denomination 'Eº DIEZ' is printed in large numerals to the right, with the Chilean coat of arms below, and the legends 'BANCO CENTRAL DE CHILE' across the top and 'DIEZ ESCUDOS' along the bottom border, flanked by the numeral '10' in each corner.
Reverse lettering BANCO CENTRAL DE CHILE
Eº DIEZ
DIEZ ESCUDOS
10
ABRAZO DE MAIPÚ
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Comments

Chile's escudo replaced the peso in 1960 at a rate of 1,000 to one — itself a signal of how badly the peso had deteriorated through the 1950s. The escudo then suffered its own collapse, eventually replaced by the new peso in 1975 at 1,000 escudos to one, completing a full cycle of monetary erosion within fifteen years.

P#142A sits near the low end of the escudo denomination range, a range that ultimately stretched to 10,000 escudos as inflation accelerated through the Allende years and into the military junta period.

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