Catalog
2 Reales Tesoro Nacional
| Issuer | Tesoro Nacional de la República del Paraguay |
|---|---|
| Year | 1865 |
| Type | Log in to see details |
| Value | 2 Reales (1/4) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | REPUBLICA DEL PARAGUAY. 2 REALES El Tesoro Nacional pagará al portador la cantidad de DOS REALES valor recebido. La Ley perseguirá á los falsificadores y sus cómplices. DOS REALES (Translation: Republic of Paraguay 2 Reales The National Treasury pay to bearer the amount of Two Reales amount received. The Law will prosecute counterfeiters and their accomplices. Two Reales) |
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| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Paraguay's Tesoro Nacional notes of 1865 were produced under extraordinary wartime pressure — the War of the Triple Alliance had begun that year, and the López government was financing a military campaign against Brazil, Argentina, and Uruguay simultaneously. Domestic printing was the only option; no foreign contractor could be reached, and the economic blockade made outside supply essentially impossible.
State-printed paper money from landlocked, besieged Asunción is inherently crude by contemporary South American standards. The watermark is one of the few concessions to anti-counterfeiting, remarkable given the circumstances of production.