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10 Pesos 1 Condor - provisional issue

Issuer Banco Central de Chile
Year 1925
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Value 10 Pesos = 1 Condor
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Obverse lettering BANCO CENTRAL DE CHILE REPUBLICA DE CHILE DIEZ PESOS Un Condor ORO BILLETE PROVISIONAL VALE POR DIEZ PESOS Convertibles en Oro por el Estado (with bar overprint) conforme a la lei SANTIAGO 10 DE DICIEMBRE DE 1925
(Translation: Central Bank of Chile Republic of Chile Ten Pesos One Condor Gold Provisional note Worth Ten Pesos Convertible by the State (bar overprinted) according to the Law Santiago December 10th., 1925)
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Reverse lettering DIEZ PESOS 10 IMP. FISCAL_CHILE.
(Translation: Ten Pesos 10 Fiscal Press Chile)
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Comments

Chile's monetary reform of 1925 replaced the peso at a rate of 10 pesos to 1 condor, and this note belongs to the transitional issue produced while definitive condor-denominated notes were still being prepared. Rather than suspend circulation during the changeover, the Banco Central — itself only newly established that year, created under the reforms pushed through by the Kemmerer mission — authorized existing peso stocks to be overprinted or reissued with dual-denomination markings, bridging the gap.

Printed domestically by the Imprenta Fiscal rather than commissioned abroad, which was the more common practice for Chilean issues of the period.

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