

This is a Chilean 50 Escudos banknote from 1962 (Pick P-140b) in uncirculated condition, featuring a formal portrait of Arturo Alessandri on the obverse in green and beige tones with red and blue accents. The reverse displays the neoclassical Banco Central de Chile building in brown and sepia tones with the Chilean coat of arms. The note exhibits exceptional preservation with no visible wear, creases, or circulation marks, making it an attractive example of mid-20th century Chilean currency design.
Common. This note is widely available in the collector market, as evidenced by consistent eBay sales data spanning from 2011 to 2026, with UNC examples typically selling for $1.75 to $4.02. The note was produced in substantial quantities as part of a regular currency issue, and multiple PMG-graded varieties exist (P-140a, P-140b, P-140s), indicating widespread survival. The 2019 catalog value of $3 for UNC examples and the persistent low market prices confirm common status.
This 50 Escudos note was issued in 1962 by the Banco Central de Chile during a period of economic transition in the country. Arturo Alessandri, depicted on the obverse, was a prominent Chilean statesman and former president, reflecting the nation's commemoration of key political figures on its currency. The reverse's prominent display of the Banco Central building underscores the institutional importance of monetary authority in Chile's mid-century development.
The obverse features a formal portrait of Arturo Alessandri, the Chilean statesman and former president, rendered in classical engraving style wearing formal business attire (suit and tie), positioned centrally within an ornate frame of decorative scrollwork and acanthus leaf designs. The reverse displays the neoclassical Banco Central de Chile building with prominent white columns and symmetrical multi-story architecture, accompanied by the Chilean national coat of arms featuring an eagle with shield on the left side. Both sides employ fine-line engraving with ornamental guilloche border patterns characteristic of high-security banknote production of the era.
Front: 'BANCO CENTRAL DE CHILE' (Central Bank of Chile), 'CINCUENTA ESCUDOS' (Fifty Escudos), 'ALESSANDRI' (Alessandri), 'PRESIDENTE' (President), 'TESORERO GENERAL' (General Treasurer), serial number '0685641', series designation 'F7'. Back: 'BANCO CENTRAL DE CHILE' (Central Bank of Chile), 'CINCUENTA ESCUDOS' (Fifty Escudos), denomination '50', 'CASA DE MONEDA DE CHILE' (House of Currency of Chile, the printer).
Intaglio engraving (line engraving), produced by Casa de Moneda de Chile (CdM-C). The note exhibits the characteristic crisp detail and fine line work of traditional banknote intaglio printing, with ornamental guilloche patterns and detailed architectural and portrait rendering visible in both the obverse and reverse designs.
This specimen is identified as Pick P-140b variant, produced by Casa de Moneda de Chile. The note displays series designation 'F7' with serial number '0685641', indicating it is from the F or later series. Per PMG population data, three variants exist for this base Pick number (P-140a, P-140b, P-140s), all produced by CdM-C. The primary distinguishing characteristics between variants relate to printer markings and series designations. The watermark is noted as Balmaceda in catalog references.