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500 Guaraníes value below building
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1997-2005 |
| Type | Log in to see details |
| Value | 500 Guaraníes (500 PYG) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Right-facing bust of General Bernardino Caballero occupies the central field, with the circular legend REPUBLICA DEL PARAGUAY arcing above and the honorific GRAL. BERNARDINO CABALLERO flanking the portrait. The year of issue appears in the lower field, accompanied by the denomination inscribed in the Guarani language as PO SA GUARANI. The design is rendered in a restrained, medallic style consistent with late twentieth-century South American coinage. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Edge | Log in to see details |
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| Mintage | 1997 - Scarce or rare - 1998 - British Royal Mint (UK) - 15,000,000 2002 - British Royal Mint (UK) - 15,000,000 2005 - Royal Canadian Mint - 5,000,000 |
| Additional information |
Paraguay's shift to brass-plated steel for this denomination in the mid-1990s was a direct response to the chronic undervaluation of the guaraní, which had made the metal content of earlier coins approach or exceed their face value. The Central Bank had little choice — bimetallic and solid brass options were simply too expensive to strike at scale for a currency losing ground against the dollar year after year.
The plating on circulated examples is prone to edge chipping, exposing the steel core and accelerating corrosion in Paraguay's humid subtropical climate.