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500 Pesos 50 Condores

Issuer Banco Central de Chile
Year 1929
Type Standard circulation banknote
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Obverse lettering BANCO CENTRAL DE CHILE QUINIENTOS PESOS CINCUENTA CONDORES Convertibles en oro conforme a la ley. SANTIAGO 29-1-1929 BILLETE PROVISIONAL
(Translation: Central Bank of Chile Five Hundred Pesos Fifty Condores Convertible into Gold in Conformity with the Law Provisional Note)
Reverse description Red letterpress print on grey paper. Two large ornate numeral 500 vignettes flank the centre on either side, set within decorative scrollwork underprint. The central field carries a circular bank seal bearing a condor and the legend BANCO CENTRAL DE CHILE / SANTIAGO, surrounded by a fine guilloche band. The printer's imprint appears below the central design, with the secondary denomination legend at the foot.
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Comments

The 500 Pesos / 50 Cóndores dual denomination reflects a specific transitional moment in Chilean monetary history: the 1925 banking reform under Arturo Alessandri introduced the Cóndor as a parallel unit valued at 10 Pesos, and notes of this period carried both expressions simultaneously to ease public transition. The Banco Central itself was only established in 1926, making this 1929 issue among the earliest productions of the new institution.

Printed domestically by the Talleres de Especies Valoradas — Chile's own security printing works — rather than contracted abroad to Bradbury Wilkinson or American Bank Note Company as earlier Chilean issues had been. That self-sufficiency was a deliberate policy choice.

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