Catalog
10 Guaranies Overprint on P#155
| Issuer | Paraguay |
|---|---|
| Year | 1943 |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Republica del Paraguay LA NACION RECONOCE ESTE BILLETE POR 1000 MIL PESOS FUERTES 10 DIEZ GUARANIES 10 QUE PAGARA CONFORME A LA LEY Nº 463 DE 30 DE DECIEMBRE DE 1920 Y LEI Nº 550 DE 25 DE OCTUBRE DE 1923. POR LA OFICINA DE CAMBIOS (Translation: Republic of Paraguay The Nation Recognizes this Banknote by One Thousand Pesos Fuertes Ten Guaranis that you will pay in accordance with Law no. 463 of December 30, 1920 and Law no. 550 of October 25, 1923 for the Exchange Office) |
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| Protection type | Watermark |
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| Comments |
Paraguay's wartime finances were stretched enough by 1943 that the government chose to overprint existing 10 Guaraníes stock rather than commission fresh currency. The overprint on P#155 was a stopgap — the kind of administrative decision that produces short-run varieties and, consequently, genuine scarcity. American Bank Note Company handled the work in New York, continuing the long relationship between ABNC and Paraguayan monetary authorities that dated back decades.
Collectors should note that overprint alignment varies meaningfully across surviving examples — a known characteristic of this issue, not a sign of forgery.