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2 Pesos overprint on P#12 - Republica de Chile
| Issuer | Republica de Chile |
|---|---|
| Year | 1898 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | REPUBLICA DE CHILE vale por DOS PESOS convertibles 17 de Agosto de 1898. en oro ó plata por el Estado conforme á la lei. SANTIAGO American Bank Note Co., New York (Translation: Republic of Chile worth Two Pesos convertible August 17, 1898. into gold or silver by the State in accordance with the Law. SANTIAGO American Bank Note Co., New York) |
| Reverse description | Brown. The reverse carries geometric guilloche designs with a law text inscribed within an oval medallion at right, and a red overprint reading 'EMISION FISCAL' applied across the face of the note. |
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| Comments |
Chile's fiscal situation in the 1890s was chaotic enough that the government resorted to overprinting existing stock rather than commissioning fresh plates — this note is a direct product of that expedient. The 2 Pesos value was stamped over the earlier P#12 printing, repurposing banknote stock that would otherwise have been retired or destroyed during the monetary turbulence following the 1891 Civil War and its aftermath.
ABNC-printed Chilean notes of this overprint series are frequently found with uneven ink coverage on the stamped value, a known characteristic of the overprint application rather than damage in circulation.