Catalog
| Issuer | Tesoro Nacional del Paraguay |
|---|---|
| Year | 1868 |
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| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Black letterpress print on plain paper, overprinted in red with a circular stamp reading 'TERCERA SÉRIE', applied over the earlier P#29 issue. The Paraguayan coat of arms appears as a vignette at upper centre, accompanied by a vignette at upper left of a man leading two burros. The text panel carries the full bearer obligation in Spanish, bordered by simple ruled lines. |
|---|---|
| Obverse lettering | PARAGUAY. 5 PESOS REPUBLICA DEL PARAGUAY El Tesoro Nacional pagará al portador la cantidad de CINCO PESOS valor recibido. La ley perseguirá á los falsificadores y sus cómplices. TERCERA SÉRIE (Translation: 5 Pesos Republic of Paraguay The National Treasury will pay to the bearer the amount of Five Pesos received value. The law will prosecute counterfeiters and their accomplices. Third Series) |
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| Comments |
Paraguay's wartime government printed this note domestically during the War of the Triple Alliance — a conflict that by 1868 had already consumed a catastrophic share of the country's population and was nearing its ruinous conclusion. The "Tercera Série" red overprint distinguishes it from earlier emissions of nominally identical design, a crude but functional method of differentiating successive authorizations when engraving new plates was neither practical nor possible.
State-printed in Asunción under siege conditions, the paper quality and impression consistency vary considerably across surviving examples. The watermark — unusual for a domestic wartime issue — was likely inherited from imported paper stock rather than purpose-designed security printing.