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1 Céntimo Countermark over Argentine Confederate 1 Centavo 1854
| Issuer | Paraguay |
|---|---|
| Year | 1869 |
| Type | Log in to see details |
| Value | 1 Centavo (0.01) |
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| Obverse description | Host coin obverse of the Argentine Confederation 1854 1 Centavo, featuring a radiant sun with a human face at center. Superimposed upon this design is a circular Paraguayan countermark punch bearing the 'Sello de Hacienda' device: a seated lion below a Liberty cap mounted on a staff, flanked by the countermark date 1869. The host coin legend CONFEDERACION ARGENTINA arcs around the periphery, while the countermark date 1869 and the host coin date 1854 both appear within the field. The countermark was applied as an emergency measure during the post-war period to validate circulating foreign copper coinage for use in Paraguay. |
|---|---|
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| Edge | Plain |
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| Additional information |
Paraguay in 1869 was a nation in ruins. The War of the Triple Alliance — fought against Brazil, Argentina, and Uruguay simultaneously — had by that point killed the majority of Paraguay's male population and left Francisco Solano López's government scraping for any functional currency it could find. Surplus Argentine copper centavos, themselves already fifteen years old, were countermarked and pressed into local circulation out of sheer necessity. The host coin, the Argentine Confederate 1 Centavo of 1854, predates Argentine national unification.
M#R19 is among the more elusive countermark types of this emergency issue.