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50 Pesos 5 Condores

Issuer Banco Central de Chile
Year 1944-1947
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Size 145 × 70 mm
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Obverse lettering CINCO CONDORES BANCO CENTRAL DE CHILE CINCUENTA PESOS CONVERTIBLES EN ORO CONFORME A LA LEY TALLERES DE ESPECIES VALORADAS. SANTIAGO, CHILE
(Translation: Five Condores Central Bank of Chile Fifty Pesos Convertible into gold in accordance with the Law)
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Reverse lettering Banco Central de Chile Cincuenta Pesos
(Translation: Central Bank of Chile Fifty Pesos)
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Comments

Chile's Talleres de Especies Valoradas — the state security printing works established in the 1920s — handled this series entirely in-house, a deliberate policy of the Banco Central to reduce dependence on foreign printers that had dominated Chilean currency production since the nineteenth century. The dual denomination, expressing face value simultaneously in Pesos and Condores, reflects the transitional monetary arithmetic of the period: the Condor had been introduced in 1925 at a rate of 10 Pesos, and the parallel notation persisted on notes well past any practical necessity.

Pick 104 spans a four-year window that includes Chile's postwar inflation pressures, which would eventually force a full redenomination by the early 1960s.

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