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1 Peso Tesoro Nacional - Blue type
| Issuer | Tesoro Nacional del Paraguay |
|---|---|
| Year | 1865 |
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| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Printed entirely in blue, the note carries the Paraguayan coat of arms at upper centre flanked by a vignette of an ox at upper left, with the country name set along the top margin. The body of the note is occupied by a letterpress bearer text in Spanish, framed within plain typographic borders typical of wartime emergency issues. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Blank, with no printed design or lettering; the reverse shows only the plain paper stock, consistent with the hand-cut, single-face emergency issue character of this wartime note. |
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| Comments |
Paraguay's wartime finances during the Triple Alliance conflict (1864–1870) were managed almost entirely through domestic note issues — no foreign credit was available, and the blockade made overseas printing impossible. The Tesoro Nacional printed its own currency in Asunción throughout the war, using whatever materials and equipment were on hand. That domestic origin shows: the engraving is rudimentary compared to contemporary Latin American issues printed by Bradbury Wilkinson or Waterlow in London.
The blue-type designation distinguishes this from other color variants in the P#21 series. Wartime attrition was severe, and surviving examples in any condition are genuinely uncommon — the war killed roughly half the Paraguayan population by 1870, and the subsequent Brazilian occupation saw much of the remaining circulating currency rendered worthless and discarded.