Black on blue underprint. Woman with Phrigyan cap (symbolizing Liberty) at center; country name on top, issuer name below; face value in letters and numbers on sides. Oval overprinted `Emission del Estado` at center. Two signatures varieties.
Reverse description
Brown. Coat of Arms at center; face value on letters and numbers on sides and on letters below arms; all in a guilloche.
Signature(s)
Protection type
Watermark
Protection description
No watermark.
Obverse lettering
REPÚBLICA del PARAGUAY
El Banco de la República
Pagará al portador y á la vista
CINCO 5 PESOS CINCO 5 PESOS
MONEDA NACIONAL
Conforme a la Ley de 26 de Diciembre de 1907.
EMISSIÓN DEL ESTADO
LEY 11 DE ENERO DE 1912 (Translation: Republic of Paraguay The Bank of the Republic Will pay to the bearer and at sight Five 5 Pesos National currency Accordingly to Law from December 26th., 1907. State Issue - Law of January 11th., 1912)
Reverse lettering
REPÚBLICA DEL PARAGUAY
CINCO 5 PESOS (Translation: Republic of Paraguay Five Pesos)