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Santiago, Chile - January 21, 2009: La Moneda Palace, It occupies an entire block in downtown Santiago, in the area known as Civic District. La Moneda was designed by Italian architect JoaquÃn Toesca. Construction began in 1784 and was opened in 1805, while still under construction. The production of coins in Chile took place at La Moneda from 1814 to 1929.