2019-08-27 Tue

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.

Image Courtesy: eBay.com