The circulation of a new currency of $ 100 in Chili Mark a milestone in the country’s monetary system. This special edition was coined on the occasion of the Centenary of the Central Bank, but brings with it an inevitable question: what will happen to the coins ancient that are still in circulation?
Although many citizens still find on their return the classics coins Cobrizo monometálicas, those pieces – emitted until 2000 – are in the process of progressive retirement. For years, the Central Bank stopped producing them and are currently being collected through banking institutions.
The withdrawal of the old coins It does not require that people take specific measures. According to spokesmen of the organism, the pieces are naturally removed as banks enter and are then stored and recycled. The objective: reduce the cooking of different models that complicate both manual recognition and the operation of vending machines and coins counters.
The New currency Commemorative maintains the bimetallic format, which facilitates its identification and everyday use. Despite its symbolic value, it is not a collection object, but a piece for massive circulation. 30 million units will be issued and users and users are expected to gradually arrive in their usual transactions.
It is not necessary to change or discard them. The coins of $ 100 old will remain accepted as a means of payment while they are in circulation. However, its presence will decrease over time. Those who wish can deposit them or use them normally, since the banking system will progressively absorb them.
The value behind metal
Beyond the nominal value, the coins Withdrawal they are not lost: upon reaching the Central Bank, their metals are stored and eventually sold for reuse. This process allows us to recover resources and close the useful life cycle of each piece.
Chili live today with several generations of coins of $ 100, each with a different story. While a new edition begins its path, the previous one says goodbye silently. The important thing: both retain their validity and utility, guaranteeing that the change is gradual, safe and without impact for citizens.
