Chile 1950 peso

from the Mountain Groan Collection

The specimen shown is an example of a type struck in Santiago, Chile, in 1942-54. It is a relic of a once proud denomination that was silver in the nineteenth century. It was replaced by an aluminum type in 1954. In 1960, the peso was dropped in favor of the escudo, with 1 escudo = 1000 pesos. The escudo itself was abandoned in 1975 for a return to the peso, with 1 new peso = 100 escudos.

Recorded mintage: 7,250,000.

Specification: copper, plain edge, 25 mm diameter.

Catalog reference: KM 179.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1949 20 centavos
• 1949 peso
• 1949 100 pesos
• 1950 20 centavos
• 1950 100 pesos
• 1951 peso
• Coins and currency dated 1950
• return to Chile