Paraguay's early coinage history is tangled in the isolation imposed by Francia's dictatorship and the fiscal disorder that followed. This copper pattern for a 1 Peso denomination dates to the period when the country was attempting to formalize a national currency but lacked the infrastructure to sustain domestic minting. Pattern pieces from this era were often produced in very small numbers, sometimes for presentation purposes, with no serious intention of actual circulation.
Krause's M#56 designation places it among the minor and pattern coinage section, suggesting extremely limited documentary evidence of its production circumstances.
Paraguay's early coinage history is tangled in the isolation imposed by Francia's dictatorship and the fiscal disorder that followed. This copper pattern for a 1 Peso denomination dates to the period when the country was attempting to formalize a national currency but lacked the infrastructure to sustain domestic minting. Pattern pieces from this era were often produced in very small numbers, sometimes for presentation purposes, with no serious intention of actual circulation.
Krause's M#56 designation places it among the minor and pattern coinage section, suggesting extremely limited documentary evidence of its production circumstances.