Catalog
2 Pesos Fuertes
| Issuer | Banco del Paraguay y Río de La Plata |
|---|---|
| Year | 1889 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Printed entirely in blue, the reverse is dominated by an intricate all-over lathe-work guilloche background. A large ornate numeral '2' occupies a central oval medallion, with a smaller counterpart repeated at the right margin, while the denomination 'DOS PESOS FUERTES' is set in a bold central horizontal band with 'BANCO DEL PARAGUAY' above and 'Y RIO DE LA PLATA' below. The printer's imprint appears at the foot. |
| Reverse lettering | BANCO DEL PARAGUAY DOS PESOS FUERTES Y RIO DE LA PLATA AMERICAN BANK NOTE COMPANY, NEW YORK |
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| Comments |
The Banco del Paraguay y Río de La Plata was a joint Argentine-Paraguayan venture, chartered in Buenos Aires in 1871 and operating in the prolonged economic vacuum left by the War of the Triple Alliance, which had effectively erased Paraguay's financial infrastructure and roughly half its population. The bank held a note-issuing concession for Paraguay but was never purely Paraguayan — Argentine capital dominated its structure from the start.
The ABNC printed this series in New York, as it did for most of the bank's issues. By 1889 the institution was approaching the end of its effective life; Paraguay would move toward a national banking arrangement within a few years, and these notes did not circulate for long before being superseded.