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5 Pesos Tesoro Nacional
| Issuer | Tesoro Nacional (National Treasury) of Paraguay |
|---|---|
| Year | 1862 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 PESOS REPÚBLICA DEL PARAGUAY El Tesoro Nacional pagará al portador la cantidad de CINCO PESOS valor recibido. La ley perseguirá á los falsificadores y sus cómplices (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) |
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| Protection description | No watermark. |
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| Comments |
Paraguay in 1862 was operating under Francisco Solano López, who had assumed power the previous year following the death of his father Carlos Antonio. The country remained almost entirely isolated from external trade and foreign capital, and its currency was printed domestically — a direct consequence of that deliberate insularity. The Tesoro Nacional notes of this period are among the few examples of South American paper money produced entirely within the issuing country at this date, without recourse to European security printers.
The watermark is the primary security measure, modest by contemporary standards but notable given the local production constraints.