150 Guaraníes Ludwig van Beethoven

Paraguay's 1974 commemorative program was part of a broader wave of silver issues produced for the international collector market — coins with no practical domestic circulation, minted largely for export revenue. The Beethoven subject had no particular connection to Paraguay; it was one of several cultural figures selected to capitalize on the 1970 bicentennial of Beethoven's birth, which had already triggered commemorative programs across Europe and beyond.

KM#108 was struck in .999 fine silver at a purity unusual for the period, targeting coin collectors rather than bullion buyers.