1962 – Chile 10 Escudos Banknote - UNC – Banco Central de Chile “José Manuel Balmaceda” Issue

1962 – Chile 10 Escudos Banknote - UNC – Banco Central de Chile “José Manuel Balmaceda” Issue
CA$45.00

This 1962 Chile 10 Escudos banknote, issued by the Banco Central de Chile, honors one of Chile’s most influential presidents, José Manuel Balmaceda (1840–1891)—a visionary leader remembered for his modernization policies and dedication to national progress. Printed by the Casa de Moneda de Chile, this early Escudo series note embodies the artistic excellence and patriotic symbolism characteristic of Chile’s post-reform currency designs.

The obverse features a finely detailed portrait of José Manuel Balmaceda, engraved with exceptional precision, capturing his calm expression and intellectual demeanor. The surrounding guilloché pattern radiates from the central denomination “DIEZ ESCUDOS”, framed by the inscription “BANCO CENTRAL DE CHILE.” Printed in elegant brown and tan tones, the note exhibits symmetrical scrollwork, decorative number panels, and two official signatures from the President and Gerente General of the Central Bank. The serial number 1066348 (Series A8) appears in blue ink, balancing the note’s warm color composition.

The reverse depicts a moving historical scene titled “Abrazo de Maipú” (Embrace of Maipú)—the triumphant reunion of independence leaders José de San Martín and Bernardo O’Higgins following the decisive Battle of Maipú in 1818, which secured Chile’s independence from Spanish rule. The scene, executed in the same sepia-brown hue, conveys emotion and unity, surrounded by ornate borders that include the national coat of arms with Chile’s motto “Por la Razón o la Fuerza” (“By Reason or By Force”).

As part of the 1962 Escudo series, this note symbolizes Chile’s post-war optimism and renewed economic direction. Its strong engraving details and balanced aesthetic make it a prized piece for collectors of Latin American and world banknotes alike.

Details:

  • Country: Chile

  • Denomination: 10 Escudos

  • Date Issued: 1962

  • Issuer: Banco Central de Chile

  • Printer: Casa de Moneda de Chile

  • Front Design: Portrait of José Manuel Balmaceda, denomination “Diez Escudos,” and ornate brown guilloché border

  • Back Design: “Abrazo de Maipú” (Embrace of Maipú) scene with Chilean coat of arms and independence leaders on horseback

  • Color Scheme: Brown and tan

  • Serial Number: 1066348

  • Series: A8

  • Dimensions: Approx. 160 × 75 mm

  • Material: Banknote paper

  • Language: Spanish