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4500 Guaraníes John F. Kennedy
| Issuer | Paraguay |
|---|---|
| Year | 1974 |
| Type | Non-circulating coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Paraguay's 1974 commemorative program was issued under Alfredo Stroessner, whose dictatorship maintained a peculiar diplomatic warmth toward the United States despite running one of South America's most repressive regimes. The Kennedy issue was part of a broader international gold commemorative wave that followed the 1971 Nixon shock — the suspension of dollar convertibility freed gold pricing and briefly made government-issued gold collectibles commercially attractive to foreign buyers rather than domestic ones.
KM#146 was never intended to circulate. The 4500 guaraní face value was a fiction; per-capita income in Paraguay that year made the denomination essentially meaningless as currency.