See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

20 Pesos Fuertes Caja de Conversión

Issuer Caja de Conversión del Paraguay
Year 1907
Type Log in to see details
Value Log in to see details
Currency Log in to see details
Composition Log in to see details
Size 160 × 85 mm
Shape Log in to see details
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
Reference(s) Log in to see details
Obverse description Black intaglio on yellow and green underprint. A vignette of the Legislative Palace (today the Museo Cabildo) in Asunción occupies the center of the note. The face value and issuing authority are stated in full across the upper and lower registers in Spanish.
Obverse lettering Log in to see details
Reverse description Printed in olive-green. The Coat of Arms of the Republic of Paraguay is set within a circular medallion at center, with the country name in a legend encircling it; the face value in numerals appears at both the left and right sides of the design.
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

The Caja de Conversión was established by Paraguay in 1907 specifically to stabilize the peso fuerte following decades of monetary chaos rooted in the War of the Triple Alliance, which had left the country's financial infrastructure effectively destroyed. This conversion board held gold and silver reserves against which notes were theoretically redeemable — a peg that held fitfully at best, as the institution lacked the reserves to sustain serious demand.

ABNC's engraved work for Paraguayan issues of this period is characteristically fine, though the series is not among the company's more celebrated commissions. The watermark security is modest for the denomination.

YOU MAY ALSO LIKE