Paraguay 1907 - 100 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint Specimen (Pick Unlisted)
The design itself remains one of the finest Waterlow & Sons productions for Paraguay. The face combines a yellow-green tint field with dark intaglio borders, large corner denomination tablets, and the architectural vignette of the Banco de la República building. The engraved security work is dense and elegant, with layered guilloché patterns, scrollwork, and ornamental side panels framing the central promise-to-pay text. The reverse, with its large mirrored denomination panels and circular national emblem, becomes even more important on this variety because the Treasury overprint was placed directly across the center, turning the back from a purely decorative security design into an official fiscal record. Read more →
ParaguayOverprint Specimen1907100 PesosPMG 64 Choice Uncirculated Specimen100 PesosPick UnlistedPick 159OverprintState OverprintTreasury OverprintDual-Side OverprintDual-Signature OverprintProvisionalFiscal RevalidationTreasury RevalidationEmergency State IssueParaguayan Emergency Issues1912 ReformJanuary 11 1912 State EmissionMay 20 1912 DecreeBanco de la RepúblicaDepartamento de HaciendaJunta FiscalizadoraEmisión del EstadoDiez Pesos Oro SelladoGold-Value ReaffirmationWaterlow & SonsSouth American Monetary HistoryEarly 20th Century FinanceGovernment RevalidationOverprint VarietiesParaguay19071912PMG 64Choice UncirculatedMuseum GradeR9 Extremely RareUnique
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