Chile (1962-1967)

This serie of banknotes belongs to the period after the 1960 earthquake, which begins with the celebration of the 1962 Soccer World Cup with President Jorge Alessandri, who is carrying out his land reform. In the following elections of 1964, in the middle of the Cold War, the right gathered around the Christian Democrat Eduardo Frei Montalva (with US support) to stop the socialist Salvador Allende. After his victory in the elections, Frei Montalva moderately reformed society with housing construction, educational reform, modernization of the State and extension of agrarian reform. From 1967 the party of Frei Montalva, Democracia Cristiana, begins to crack and be rejected by left and right. There are banknotes of 1/2 Chilean escudo, 1 Chilean escudo, 5 Chilean escudos, 10 Chilean escudos, 50 Chilean escudos and 100 Chilean escudos.

1 Chilean escudo (un escudo)

This banknotes worth 1 escudo was first circulated in 1964. On the main side right it can be seen Arturo Prat, a Chilean sailor and military who commanded the war against Spain and War of the Pacific, also being a lawyer editor of marine laws. In the corners there are four 1's and in the center there's the written name of the banknote and the name of the National Bank in Spanish (Banco Central de Chile).
On the other side of the banknote appears a painting representing the foundation of Santiago de Chile, by Pedro Lira. Moreover there's the written value of the banknote and the National Bank again, plus four 1's and Chile's coat of arms too. The rest of the banknote is completed with decorative elements. This banknote has Diego Portales (merchant, military and politician who helped consolidate the State of Chile) as digital watermark. The size of this banknote is 14.7 cm x 7.2 cm.