Catalog
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| Issuer | Paraguay |
|---|---|
| Year | 1975-1976 |
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| Value | Log in to see details |
| Currency | Guarani (1944-date) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A boldly rendered head of a zebu or beef cattle facing left occupies the left portion of the field, symbolizing Paraguay's important cattle-ranching industry. The large numeral 10 dominates the right side of the field in high relief. Below, the denomination legend GUARANIES is inscribed in a straight line across the center, with the date of issue centered beneath it in the lower exergue. |
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| Mintage | 1975 - Casa da Moeda do Brasil - 10,000,000 1975 - Proof - 1,000 1976 - Casa da Moeda do Brasil - 10,000,000 1976 - Proof - 1,000 |
| Additional information |
Paraguay's stainless steel coinage of the mid-1970s was produced under Alfredo Stroessner's dictatorship, a regime that had strangled the country's economy through patronage networks and contraband trade so thoroughly that the informal economy dwarfed the formal one. Coins of this period circulated alongside a thriving black market in Brazilian cruzeiros and Argentine pesos along the border towns.
The two-year run ending in 1976 was not replaced immediately, leaving this type in active circulation well into the 1980s.