
Paraguay 1907 — 100 Pesos with 1912 State Overprint
Provisional issue created on base Pick 159 during Paraguay’s sweeping 1912 monetary reform. The bold oval 'Emisión del Estado – 11 de Enero de 1912' was applied in official black ink to validate existing 1907 stock. These overprints served as stop-gap currency while new designs were prepared, making them both historically and fiscally important. ... Read more →