1962 – Chile 1 Escudo Banknote - VF – Banco Central de Chile “Arturo Prat” Issue

1962 – Chile 1 Escudo Banknote - VF – Banco Central de Chile “Arturo Prat” Issue
CA$24.00

This 1962 Chile 1 Escudo banknote, issued by the Banco Central de Chile, marks a pivotal transition in the nation’s monetary system, as Chile moved from the peso to the escudo. The design celebrates Chile’s patriotic heritage through portraits and historical vignettes that highlight the country’s journey toward independence and maritime valor.

The obverse features a finely engraved portrait of Arturo Prat Chacón (1848–1879), Chile’s revered naval hero of the Battle of Iquique. His image, framed in detailed guilloché and intricate floral engravings, symbolizes courage and national pride. The note’s layout displays the denomination “UN ESCUDO” prominently at the bottom center, with the serial number 1812257, issue series P 20, and official signatures from the Banco Central de Chile printed below. The deep violet and tan color palette enhances both contrast and elegance, with a refined sense of Chilean engraving tradition.

On the reverse, a dramatic historical scene titled “Llegada de Almagro a Chile” (The Arrival of Almagro in Chile) depicts Spanish conquistadors under Diego de Almagro’s command reaching Chile in the 16th century. The artwork is executed in blue ink with remarkable depth and motion, symbolizing early colonial exploration. Surrounding the central vignette, ornate borders feature denomination markers of ½ and 1, with the inscription “Medio Escudo”—a design reuse that references earlier denominations and reinforces continuity in Chile’s evolving currency series.

This early Escudo series note, printed by the Casa de Moneda de Chile, embodies a blend of artistry, national identity, and historical storytelling. It remains a collectible classic for both Chilean numismatists and world banknote enthusiasts.

Details:

  • Country: Chile

  • Denomination: 1 Escudo

  • Date Issued: 1962 (Early Escudo Series)

  • Issuer: Banco Central de Chile

  • Printer: Casa de Moneda de Chile

  • Front Design: Portrait of Arturo Prat Chacón, serial numbers, and denomination “UN ESCUDO”

  • Back Design: Historical engraving “Llegada de Almagro a Chile” (Arrival of Almagro in Chile), with denomination “½ Escudo” design elements

  • Color Scheme: Violet, tan, and blue

  • Serial Number: 1812257

  • Series: P 20

  • Dimensions: Approx. 160 × 75 mm

  • Material: Banknote paper

  • Language: Spanish