Catalog
1⁄12 Real
| Issuer | Republic of Paraguay |
|---|---|
| Year | 1845 |
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| Value | 1⁄12 Real |
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| Composition | Log in to see details |
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| Obverse description | Central device depicting a seated lion in profile facing left, with a raised right forepaw resting on a staff or sword, set upon a low platform or exergual line. Above the lion rises a radiant sun with clearly delineated rays, symbolizing the national arms of Paraguay. The entire central design is encircled by a wreath of laurel or palm branches tied at the base with a ribbon bow, and the whole is bordered by a raised beaded rim. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Paraguay's first native coinage, authorized after independence from Spain in 1811 but not actually produced until 1845, when the dictatorship of Carlos Antonio López finally moved to establish a functioning monetary infrastructure. The three-decade gap between independence and first coin issue is itself a historical curiosity — the country had been operating largely on barter and foreign currency in the interim.
KM#1 by designation, and genuinely the founding piece of Paraguayan numismatics.