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4 Pesos Tesoro Nacional - Black type

Uitgever Tesoro Nacional del Paraguay
Jaar 1865-1870
Type Standard circulation banknote
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Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde ASUNCION La ley perseguirá á los falsificadores y sus cómplices. 4 PESOS. 4 PESOS. REPUBLICA DEL PARAGUAY El Tesoro Nacional pagará al portador la cantidad de CUATRO PESOS valor recibido.
(Translation: The law will prosecute counterfeiters and their accomplices. 4 Pesos Republic of Paraguay The National Treasury will pay to the bearer the amount of Four Pesos received value.)
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Watermark
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Opmerkingen

Paraguay's Tesoro Nacional notes from this period were issued under conditions of near-total economic isolation. The War of the Triple Alliance (1864–1870) severed international trade and made access to foreign printing houses impossible, forcing the government to produce currency domestically in Asunción — a significant constraint that shows in the execution. State-printed wartime notes from landlocked, blockaded nations rarely achieve the engraving standards of European presses, and this series is no exception.

The watermark is an unusual security feature for a domestically produced wartime issue and suggests at least some pre-war paper stock was still being drawn down during printing. By the war's end, Paraguay had lost an estimated 60–70% of its population — the monetary system effectively collapsed with the state that issued these notes.

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