5 Guaranies Overprint on P#169

Issuer	Banco de la República del Paraguay
Year	1943
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Printer	Waterlow & Sons Limited, London, United Kingdom
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Obverse description	Dark-gray intaglio print on olive underprint, with a portrait vignette of Don Carlos Antonio López at center left and a cattle vignette at right. A red letterpress overprint reading 'CINCO GUARANIES' is applied at center, converting the original 500 Pesos Fuertes note to the new Guaraní denomination. The face carries the issuing authority's legend and relevant legal text in full.
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Reverse description	Dark-blue intaglio print on a fine guilloche background. The central vignette presents the Coat of Arms of Paraguay within an ornate oval frame, showing the lion passant beneath a liberty cap on a pole. Denomination panels reading '500' and 'QUINIENTOS PESOS' appear at left and right, with the full-width legend 'QUINIENTOS PESOS FUERTES' in a bordered panel at the base.
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Protection description	No watermark.
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