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150 Guaraníes Munich Olympics - Boxer
| Issuer | Paraguay |
|---|---|
| Year | 1973 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | The Paraguayan national arms occupies the central field, depicting a five-pointed star surrounded by a sunburst, all enclosed within a wreath of palm and olive branches tied at the base. The circular legend REPUBLICA DEL PARAGUAY runs along the upper periphery, bordered by a beaded rim. The date 1973 is divided across the lower field flanking the wreath, with the denomination 150 GUARANIES inscribed in two lines below. |
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| Reverse description | A full-figure depiction of a male boxer in fighting stance occupies the left portion of the field, rendered in high relief with detailed musculature and wearing gloves, vest, and shorts. To the right, a vertical banner displays the five interlocked Olympic rings above the Munich 1972 Games' official sunburst emblem. The legend MUNCHEN appears along the lower field, with the year 1972 inscribed directly below, all enclosed within a beaded rim. |
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| Additional information |
Paraguay had no meaningful connection to the 1972 Munich Olympics — no boxing medal, no notable team performance — yet issued this coin, along with a sprawling series of denominations commemorating the Games, almost entirely for the collector market. The country was one of dozens that flooded the numismatic trade in the early 1970s with Olympic silver, most produced under licensing arrangements and sold directly to dealers rather than circulated.
KM#37 is part of a larger Paraguayan Olympic set that runs across multiple denominations. Actual distribution into domestic commerce was negligible.