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2 Pesos
| Issuer | Banco Comercial de Chile |
|---|---|
| Year | 1890 |
| Type | Standard circulation banknote |
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| Obverse description | Black on green and pink underprint. National arms vignette at left, central vignette of a seated woman with bales of goods, set against a guilloche-patterned underprint in green and pink. |
|---|---|
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| Reverse lettering | BANCO COMERCIAL DE CHILE DOS PESOS 2 Waterlow & Sons Ltd, London & Dunstable |
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| Comments |
Banco Comercial de Chile was a short-lived private issuing bank, one of several that operated under Chile's 1860 banking law before the state moved to consolidate note-issuing authority in the early twentieth century. Waterlow & Sons handled a considerable volume of South American private bank work in this period, and the Chilean commercial banks were steady clients throughout the 1880s and 1890s.
The S-prefix Pick reference places this squarely in the catalog's private and provisional issues section — not a state note, and never legal tender in the strict sense, but accepted through commercial convention and interbank clearing.