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.
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.