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2 Pesos

Issuer Casa de Moneda de Chile
Year 1927
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Composition Silver (.500)
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Obverse description A condor with wings spread is depicted perched upon a rocky outcrop in the center of the field, facing left. The bird is rendered in high relief with fine feather detail on the wings and body. The circular legend REPUBLICA DE CHILE arcs around the upper periphery, while the fineness designation 0,5 So appears in the lower field near the base of the rock. The composition is framed by a fine dentilated border.
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Edge Reeded
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Additional information

Chile's 1927 coinage reform was driven by the Kemmerer Mission — a team of American financial advisors led by Princeton economist Edwin Kemmerer, hired to stabilize a peso that had been off the gold standard and in chronic depreciation for decades. The reforms restructured the entire monetary system and directly prompted the new silver types, including this denomination.

The .500 fineness was a deliberate compromise, reducing silver content to stretch reserves while maintaining a coin heavy enough to feel credible in trade.

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