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100 Pesos

Issuer Banco de Santiago
Year 1884
Type Pattern or trial banknote
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Obverse lettering EL BANCO DE SANTIAGO

pagará á la vista al portador
en Santiago
CIEN PESOS
moneda corriente
Serie A
Santiago de de 18
Contador
Gerente
BANCO DE SANTIAGO
No
Série A
100$
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Reverse lettering EL BANCO
DE SANTIAGO
CIEN PESOS
100
100
100
100
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Comments

The Banco de Santiago was a short-lived Chilean private bank, one of several authorized under the 1860 banking law that permitted note-issuing institutions to operate with government oversight. It failed before the end of the decade, which sharply limits the volume of surviving paper.

ABNC engraved and printed this series in New York at a time when virtually every serious South American bank of issue turned to either them or their rival BWC for security printing — Chilean institutions were no exception. The 100 Peso denomination would have represented substantial purchasing power in 1884, making high-denomination survivors rarer than the smaller values from the same emission.

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