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5 Pesos Tesoro Nacional - Blue type
| Issuer | Tesoro Nacional (National Treasury), Paraguay |
|---|---|
| Year | 1865 |
| Type | Standard circulation banknote |
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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 type | Watermark |
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| Comments |
Paraguay's 1865 issues were produced under extraordinary conditions — the country had entered the War of the Triple Alliance against Brazil, Argentina, and Uruguay in May of that year, and Francisco Solano López's government needed currency fast. The State Print in Asunción lacked the technical infrastructure of European security printers, which is precisely why these notes exist at all: importing printed currency was no longer viable once the war began.
The "blue type" designation distinguishes this from a parallel issue in the same series with differing ink — a production variable that almost certainly reflects inconsistent ink supply rather than intentional design revision. Wartime procurement in a landlocked country under blockade left little room for standardization.