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50 Pesos

Issuer Banco Central de Chile
Year 1975-1981
Type Standard circulation banknote
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Obverse lettering BANCO CENTRAL DE CHILE CINCUENTA PESOS 1981 CASA DE MONEDA DE CHILE
(Translation: Central Bank of Chile Fifty Pesos Chile Mint)
Reverse description Dark blue and aqua on green and light blue underprint. The central vignette reproduces the oil painting by Thomas Somerscales illustrating the Liberating Expedition to Peru of 1820, with sailing vessels rendered in fine engraved detail. Denomination and issuing authority appear in intaglio lettering alongside the descriptive title of the scene.
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Comments

Chile's 50 Peso note of this series was printed domestically by the Casa de Moneda de Chile at a time when the country was deep into the economic restructuring imposed by the Pinochet junta following the 1973 coup. The peso itself had been redenominated in 1975 — one new peso equaling 1,000 old escudos — making this note part of the very first peso series after that conversion.

Domestic printing was a deliberate policy shift; earlier Chilean issues had frequently relied on foreign printers. The watermark security on this series is modest by international standards of the period, reflecting the constraints of the in-house facility rather than any particular design choice.

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