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10 000 Guaranies

Issuer Banco Central del Paraguay
Year 1998-2003
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Composition Paper
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Obverse description Dark brown intaglio print on multicolour underprint. The national arms appear as a central vignette, with a portrait of Dr. José Gaspar Rodríguez de Francia at right; the face value is expressed in words below the arms and in numerals at centre left. Black serial numbers appear at upper left and lower right; the lower left corner carries either the numeral '10000' (P#216a) or a triangle device (P#216b), serving as a variant distinguishing element.
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Reverse lettering REPÚBLICA DEL PARAGUAY 10000 100000 PA SU GUARANI
(Translation: Republic of Paraguay Ten Thousand Guaranies)
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Comments

Ciccone Calcografica handled a significant volume of Latin American banknote production during the 1990s, and Paraguay was a steady client. This series ran across five years of issue dates, which means surviving examples vary considerably in paper quality — the Argentine firm's intaglio work held up well, but the substrate on some dates is known to be more susceptible to humidity damage than contemporaneous notes printed by European security printers.

The watermark is the sole listed security feature, a notably spare specification for a high-denomination note by the late 1990s, when magnetic threads and color-shifting inks were already common elsewhere in the region.