1962 – Chile 5 Escudos Banknote - UNC – Banco Central de Chile “Manuel Bulnes” Issue
This 1962 Chile 5 Escudos banknote, issued by the Banco Central de Chile, celebrates the legacy of General Manuel Bulnes Prieto (1799–1866)—a national hero, military leader, and President of Chile from 1841 to 1851. Printed by the Casa de Moneda de Chile, this note forms part of Chile’s early Escudo currency series introduced in 1960, a symbol of stability and modernization following the transition from the old peso system.
The obverse showcases a dignified portrait of Manuel Bulnes, engraved with fine linework that highlights his strong features and formal military uniform. Surrounding his image is a laurel wreath—symbolizing victory and patriotism—set within a deep red guilloché frame with elegant scrollwork. The text “BANCO CENTRAL DE CHILE” crowns the note, while the denomination “Cinco Escudos” and serial number 1035537 (Series E18) appear prominently on either side. The signatures of the President and Gerente General of the Banco Central de Chile** attest to its authenticity. The intricate red and beige tones lend this note both artistic depth and collector appeal.
On the reverse, a dramatic engraving portrays the Battle of Rancagua (Batalla de Rancagua, 1814)—a pivotal moment in Chile’s struggle for independence, where Chilean patriots, though defeated, displayed extraordinary valor. The composition captures mounted soldiers clashing before a fortified town, with vivid motion and historical realism. To the left, the Chilean coat of arms—featuring a condor, huemul, and central star—accompanies the national motto “Por la Razón o la Fuerza” (“By Reason or By Force”).
This note exemplifies Chile’s tradition of honoring its independence heroes through rich, symbolic design. It remains a prized collectible among Latin American currency enthusiasts for its striking portrait engraving and well-preserved artistry.
Details:
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Country: Chile
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Denomination: 5 Escudos
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Date Issued: 1962
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Issuer: Banco Central de Chile
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Printer: Casa de Moneda de Chile
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Front Design: Portrait of Manuel Bulnes Prieto, serial number 1035537, denomination “Cinco Escudos,” and official signatures
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Back Design: Historical scene “Batalla de Rancagua” (Battle of Rancagua) with Chilean coat of arms
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Color Scheme: Red and light beige
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Series: E18
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Serial Number: 1035537
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Dimensions: Approx. 160 × 75 mm
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Material: Banknote paper
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Language: Spanish