Catalog
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| Issuer | Paraguay |
|---|---|
| Year | 1976 |
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| Currency | Guarani (1944-date) |
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| Obverse description | Draped bust of General Garay facing slightly left, rendered in high relief against a polished field. The legend REPUBLICA DEL PARAGUAY curves along the upper periphery, while the inscription GRAL. GARAY appears in the lower exergue below the portrait. The effigy is portrayed in a bold, realistic style with fine detail in the facial features and clothing. |
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| Reverse description | A three-quarter facing bovine head, rendered in relief, occupies the left-center of the field, symbolizing Paraguay's agricultural heritage as an FAO commemorative issue. To the right, the large numeral 10 dominates the upper field. The denomination GUARANIES is inscribed in bold letters across the lower field, with the date 1976 appearing in the exergue beneath. The overall design is clean and uncluttered, with a highly polished proof-like finish. |
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| Additional information |
Paraguay's 1976 gold FAO coinage was part of a coordinated Food and Agriculture Organization program that prompted dozens of nations to issue commemorative pieces tied to agricultural development themes. For Paraguay specifically, the timing coincided with the Stroessner regime's push to attract foreign capital and international institutional goodwill — FAO-affiliated issues served both purposes neatly.
The KM#153a designation distinguishes this gold striking from the base-metal circulation issue; mintages for the gold FAO variants were typically tiny, produced largely for collector sale rather than any domestic monetary function.