Chile Banknotes 500 Pesos banknote 1987 Pedro de Valdivia
Central Bank of Chile - Banco Central de Chile
Obverse: The main motif is a portrait of the founder of the city of Santiago, Pedro de Valdivia, to the right. The portrait was donated by Queen Isabel II of Spain to the Republic of Chile, and comes from a painting by E. Lucas, Madrid, 1853. It is currently kept in the Municipality of Santiago.The title "BANCO CENTRAL DE CHILE" appears on one line, slightly to the left and toward the top. Below, on two lines, the value of the banknote, "QUINIENTOS PESOS" (five hundred pesos) appears in white letters inside guilloches. The year appears immediately below in black letters. To the bottom, the words "PRESIDENTE" (President) and "GERENTE GENERAL" (General Manager) are printed in black on the left- and right-hand sides, respectively, with their respective signatures above each title. The number "500" appears in different fonts and colors in the top right-hand and bottom left-hand corners.The serial letters followed by seven digits are printed to the top and left. This serial is duplicated in smaller print to the right of the main motif.In the bottom right-hand corner a ribbon bears the name "PEDRO DE VALDIVIA".Below, the note sometimes carries the imprint "CASA DE MONEDA DE CHILE ". Otherwise it remains blank.
Reverse: The main motif is a vignette from a painting by Pedro Lira, with the words "FUNDACIÓN DE SANTIAGO" (Santiago is founded) below. "BANCO CENTRAL DE CHILE" appears above on one line. The number "500" appears in different fonts and colors in the top left- and bottom right-hand corners. The words "QUINIENTOS PESOS" (five hundred pesos) appears at the bottom left, on one line.A series of decorative Security Strip features include guilloches, geometrical shapes and other elements, among them, on both sides of the front a number that corresponds to the banknote's placement on the sheet.
Date of circulation May 1977.
Size: 145 x 70 mm.
Paper: White.
Watermark: Located on the left-hand side, no printing over it, this watermark consists of a portrait of Diego Portales facing forward.
Security Strip: To the left of the main motif on the front of the banknote, it runs from top to bottom. Microprinting repeats the word "QUINIENTOS" (five hundred) throughout.
Colors: Several shades of brown, violet, ochre, black and green.
Printing Process: Offset, Intaglio and Typography.
Chile banknotes - Chilean paper money
1975-2009
The new Chilean peso was introduced on 29 September 1975 by decree 1,123, replacing the escudo at a rate of 1 peso for 1000 escudos.
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Pedro de Valdivia
Pedro Gutiérrez de Valdivia or Pedro de Valdivia (born c. 1498, Extremadura, Spain — died January 1554, Tucapel, Viceroyalty of Peru [now in Chile]), conqueror and governor of Chile for Spain and founder of the cities of Santiago and Concepción.
Valdivia served with distinction in the Spanish army in Italy and Flanders before being sent to South America in 1534. During the Peruvian civil war (1538), he fought with Francisco Pizarro against Diego de Almagro. For the Chilean expedition, Valdivia took charge (1540) of a force of 150 Spaniards (including his mistress, Inés Suárez) and some Indian allies. He marched across the coastal desert of northern Chile, defeated a large force of Indians in the valley of Chile, and, on Feb. 12, 1541, founded Santiago. In 1546 he extended Spanish rule south to the Biobío River. After fighting in Peru for two years, Valdivia returned to Chile as governor. In 1550 he began to conquer Chile south of the Biobío and founded the city of Concepción. In the course of a campaign directed against the Araucanian Indians, Valdivia was captured and executed by Lautaro, a Mapuche Indian who led the native uprising against the Spanish conquerors.