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50 Pesos Fuertes Coat of Arms with Star

Uitgever Banco de la República del Paraguay
Jaar 1936
Type Standard circulation banknote
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Beschrijving voorzijde Blue on multicolour underprint. Central vignette of the Banco de la República building in Asunción, flanked by ornate guilloche patterns. Denomination and issuing authority inscribed in the surrounding legend.
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Beschrijving keerzijde Printed in red on plain paper. The Paraguayan national coat of arms — a five-pointed star within an oval wreath of palm and olive branches — occupies the central vignette, surrounded by intricate guilloche work and large numeral 50 counters at each corner. The imprint of the American Bank Note Company appears at the lower margin.
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Opmerkingen

Paraguay's Banco de la República was reorganized under a 1936 state banking reform that consolidated earlier monetary institutions — this series was among the first issued under that reconstituted authority, printed by ABNC to the company's usual exacting intaglio standards. The relationship between Paraguayan state banks and American Bank Note Company stretched back decades, making New York the de facto production center for Paraguayan paper currency through much of the early twentieth century.

P#165 is a comparatively scarce entry in the series. Paraguay's economic instability during the mid-1930s, coming hard on the heels of the Chaco War's financial devastation, meant circulation volumes were high and survival rates for used examples are correspondingly low.

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