100 000 Guaraníes 7th Term of President Stroessner

This piece was issued during the seventh consecutive presidential term of Alfredo Stroessner, who by 1983 had ruled Paraguay without interruption since his coup of May 1954 — making him at that point one of the longest-serving dictators in Latin American history. High-denomination gold commemoratives of this kind were standard instruments of self-legitimization for his regime, produced in limited quantities largely for foreign sale and diplomatic gift use rather than domestic circulation.

Stroessner was deposed by his own son-in-law, General Andrés Rodríguez, in February 1989.