Chile — Country Hub: Currency History, Key Series & What Collectors Hunt

Country guide

Chile

From the 1817 volcano peso — the first coin of independent Chile — through the cóndor gold of the gold-standard era to the modern peso: Chile’s coinage is compact, historic, and full of low-mintage keys.

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Coin entries

Coins of Chile

Every coin entry in this wiki — one tap to the full page.

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History & collecting

The story behind the coins, one tap away.

  • The Casa de Moneda de Chile traces its origin to a royal charter (Real Cédula) of King Philip V of Spain, October 1, 1743, authorizing a mint in Santiago.
  • Chile’s first national coinage was struck in 1817 — the “volcano peso” — ordered after the Battle of Chacabuco (February 12, 1817) to replace royal iconography with republican symbols.
  • A full decimal coinage was introduced 1851–1853 (copper centavos; silver décimos, 20/50 centavos, 1 peso; gold 5 and 10 pesos).
  • Gold standard: a new gold coinage was introduced in 1895 “reflecting the lower gold standard”; the 1926 monetary law defined 10 pesos as “one condor” and required coins of 10 pesos and up to state their condor equivalent.
  • The first peso circulated 1817–1960; it was replaced by the escudo on January 1, 1960 (Law 13,305) at 1 escudo = 1,000 pesos.
  • The peso returned in 1975 (Decree Law 1,123) at 1 peso = 1,000 escudos. The Banco Central de Chile was founded in 1925.

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