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200 Pesos Fuertes Banco Nacional del Paraguay
| Issuer | Banco Nacional del Paraguay |
|---|---|
| Year | 1886 |
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| Composition | Log in to see details |
| Size | 190 × 90 mm |
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|---|---|
| Obverse lettering | ASUNCIÓN, 1ro. de Enero de 1886. EL BANCO NACIONAL DEL PARAGUAY PAGARÁ AL PORTADOR Y Á LA VISTA Doiscientos Pesos Fuertes en monedas de oro ó plata sellada de curso legal segun ley de 31 de Octubre 1883. (Translation: Asunción, January 1st., 1886 The National Bank of Paraguay Will pay to bearer, at sight, Two Hundred Pesos Fuertes in coins of gold or sealed silver, of legal tender, as Law from October 31st., 1883.) |
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| Protection type | Watermark |
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| Comments |
The Banco Nacional del Paraguay was established in 1871, but the institution's early decades were defined by the catastrophic demographic and economic aftermath of the War of the Triple Alliance, which had ended just two years prior and left Paraguay with a fraction of its pre-war male population. Banknote-issuing capacity was essentially rebuilt from nothing. By 1886 the bank was placing orders with the American Bank Note Company — the dominant South American contract printer of the period — producing a series that had to function in an economy still rebuilding basic monetary confidence.
The 200 Pesos Fuertes denomination is the highest in the S150-series, making surviving examples uncommon relative to lower values.