Billet Chile 1 escudo Bernardo O´Higgins Général, Père de la Patrie Chilienne 1964-1967 FF

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This 1 Escudo banknote was issued by Chile between 1964 and 1967, a period corresponding to the introduction of the escudo as the new Chilean monetary unit, replacing the peso at a rate of 1 escudo for 1,000 pesos. It belongs to the series known as "Arturo Prat - Fundación de Santiago", whose denomination refers to two emblematic elements of Chilean national history.

The obverse of this banknote features the figure of Arturo Prat, a Chilean naval hero famous for his sacrifice at the Battle of Iquique in 1879 during the War of the Pacific. The depiction of the Foundation of Santiago is a direct reference to the founding of the Chilean capital in 1541 by Pedro de Valdivia, a foundational event in the country's history.

The historical figure associated with this banknote is Bernardo O'Higgins, a central figure in Chilean independence. A general and statesman, he is recognized as the Father of the Chilean Nation for having led the country to independence from Spain in 1818 and for serving as Chile's first Supreme Director. His presence on this banknote underscores the symbolic importance given to the founding figures of the nation in Chilean monetary iconography of that era.

This banknote belongs to an important period of economic transition for Chile, marked notably by significant monetary reforms under the presidency of Eduardo Frei Montalva. The escudo remained in circulation until 1975, when it was replaced by the new Chilean peso.

 

 

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