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5 Pesos
| Issuer | Paraguay |
|---|---|
| Year | 1939 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | The Sello Nacional (National Seal) of Paraguay occupies the central field, depicting the May Star surrounded by a wreath of palm and olive branches tied with a ribbon, enclosed within a circle. The country name REPUBLICA DEL PARAGUAY appears as a legend around the upper periphery, flanked by five-pointed stars, with the date of issue at the base, all in Latin script. |
|---|---|
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| Obverse lettering | Log in to see details |
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| Reverse lettering | 5 PESOS |
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| Additional information |
Paraguay's monetary system in the late 1930s was still recovering from the catastrophic financial drain of the Chaco War (1932–1935), which had nearly emptied the national treasury fighting Bolivia over the disputed Chaco Boreal region. This 1939 issue was part of a broader recoinage effort as the country attempted to stabilize circulation currency in the war's aftermath.
The copper-nickel alloy adopted for this series was a deliberate departure from earlier issues, chosen for durability and lower production cost at a moment when national reserves remained thin.