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10 Guaranies Banco Central del Paraguay

Issuer Banco Central del Paraguay
Year 1952-1961
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Currency Guarani (1944-date)
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Obverse description Printed in red on white paper, the obverse is centred on an intaglio portrait vignette of Carlos Antonio López, first President of Paraguay, with the national Coat of Arms positioned at upper right. One or two black serial numbers are present, and the note accommodates five signature varieties, with the Gerente General title at left. The full legal tender declaration referencing Decreto Ley No. 18 of 25 March 1952 runs across the lower portion of the note.
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Reverse description Printed in purple, the reverse carries a central architectural vignette of the Banco Central del Paraguay building, framed above by the country name and below by the denomination expressed in words. Numerical face value designations appear within guilloche-patterned borders on both lateral margins.
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Comments

The extended signature run on this note — five distinct pairings across the 1952–1961 issue window — reflects the political turbulence inside the Banco Central during the early Stroessner years. Epifanio Méndez Fleitas, who signed the earliest series A notes as president of the Banco Central, was ousted by Stroessner in 1955 after emerging as a potential rival; his removal is legible in the signature sequence itself.

The shift from unnumbered to fibre-embedded paper mid-run, and the later addition of a second serial number in Series B, are the two most useful points for attribution when the date of circulation is otherwise unclear.

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