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1000 Pesos Fuertes Oficina de Cambios
| Issuer | Oficina de Cambios del Paraguay |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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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 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 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 |
The Oficina de Cambios del Paraguay was a state exchange office rather than a central bank, and its notes from this period were issued against foreign currency reserves as Paraguay attempted to stabilize an economy still fragile after decades of post-war demographic and financial collapse. The sheer number of recorded signature combinations on P#155 — at least eight pairs across what is technically a single issue year — points to considerable institutional turnover and a note that remained in active use well beyond its 1923 printing date.
ABNC plates from this era are generally reliable, but the signature variety makes systematic collection of this type unexpectedly demanding.