Chile is a long, narrow country stretching along South America's western edge, with more than 6,000km of Pacific Ocean coastline. Santiago, its capital, sits in a valley surrounded by the Andes and Chilean Coast Range mountains. The city's palm-lined Plaza de Armas contains the neoclassical cathedral and the National History Museum. The massive Parque Metropolitano offers swimming pools, a botanical garden, and zoo.

The escudo was the currency of Chile between 1960 and 1975, divided into 100 centesimos. It replaced the old peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso, at a rate of 1 peso = 1000 escudos.

Today we are discussing a 1 Escudo banknote issued in 1964. The obverse has the portrait of Chilean lawyer and navy officer Arturo Prat in centre. The reverse has the Official Coat of arms to left; and the “Fundacion de Santiago - Founding of Santiago”, oil on canvas painting scene by Pedro Lira in centre. This dull violet note has the portrait of D. Diego Portales P. in profile as the watermark.

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