Catalog
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| Issuer | Banco del Paraguay |
|---|---|
| Year | 1879-1882 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO DEL PARAGUAY 10 Pagará al portador y á la vista DIEZ CENTAVOS FUERTES 0.10 en monedas de oro ó plata sellada de curso legal. Asunción, 1ro de Enero de 1882. (Translation: The Bank of Paraguay Will pay to bearer, at sight, Ten Centavos Fuertes in coins of gold or sealed silver, of legal tender. Asunción, January 1st., 1882.) |
| Reverse description | Uniface; the reverse is unprinted, presenting only the plain white paper stock with faint show-through of the obverse impression. |
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| Comments |
The Banco del Paraguay was established in 1871 under a national charter — one of the first institutional attempts to rebuild a financial system after the catastrophic War of the Triple Alliance, which had killed an estimated half to two-thirds of Paraguay's total population and left the country without functioning economic infrastructure. These small-denomination notes were part of a fractional currency series intended to address the chronic shortage of hard coin in everyday commerce.
Litografía Nacional in Buenos Aires handled the printing, a practical necessity given that Paraguay had no domestic printing capacity capable of producing banknotes at the time. The "Fuertes" designation distinguished the currency from earlier devalued emissions.