the coin is a 2 reale coin (like a quarter* or "two bits" of a peso with a peso being equal to 8 reales under the old spanish money set up)--- the condor ( a native bird to chile) represents chile *-- biting its spanish "chain" as it became an independant country ( there was a war of independance from 1810 to 1818 to break free of spain)--the condor is to chile what the the eagle is an america " a symbol of freedom" ---yes it a silver coin -- it would make a killer neck coin for you I think being you are from chile --- Ivan