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50 000 Guaranies with staircase metallic
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1998 |
| Type | Standard circulation banknote |
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| Obverse description | Purple and light blue on multicolour underprint, with a vignette of the Paraguayan Soldier at right; the issuer's name appears across the top, with the denomination in numerals at upper centre and lower left, and repeated vertically along the right edge, while the central legend in full text is set against a cartographic outline of Paraguay flanked by the two official coats of arms. A watermark zone to the left is accompanied by a perfect-match printing device (Phrygian cap) to its right, with a security thread positioned to the right of centre; serial numbers appear vertically in red at left and horizontally in green at lower right, and a staircase metallic impression is applied at the lower left corner. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DEL PARAGUAY CASA DE LA INDEPENDENCIA POPA SU GUARANI (Translation: Central Bank of Paraguay Independence House Fifty Thousand Guaranies (in Guaraní language)) |
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| Comments |
The staircase metallic security feature — a stepped, optically variable stripe rather than a conventional flat thread or foil patch — was an uncommon specification for Latin American issues of this period, and its inclusion here reflects the Banco Central's response to a sustained counterfeiting problem that had plagued the high-denomination guaraní series through the mid-1990s. Thomas De La Rue held the contract for Paraguayan currency production across multiple decades, and this note falls within that long relationship.
Pick 218 is frequently encountered with handling wear along the vertical fold lines, a predictable consequence of how Paraguayan retailers bundled high-denomination notes in rubber-banded stacks.