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Paraguay 1907 100 Pesos Banco de la República specimen with 1912 dual-side state and treasury fiscal revalidation overprint, including Emisión del Estado on the face and Departamento de Hacienda Junta Fiscalizadora Diez Pesos Oro Sellado validation on the reverse, base Pick 159, Pick Unlisted, PMG 64 Choice Uncirculated

Paraguay 1907 — 100 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint Specimen (Pick Unlisted)

Archival specimen of the 1907 Banco de la República 100 Pesos, base Pick 159, printed by Waterlow & Sons, London, and later transformed by one of the most historically revealing emergency overprint configurations in Paraguayan paper money. The note bears the large face overprint “Emisión del Estado – 11 de Enero de 1912,” together with the reverse fiscal validation “Departamento de Hacienda – Junta Fiscalizadora – Diez Pesos Oro Sellado – Conforme Decreto de 20 de Mayo 1912.” This dual-side treatment places the note outside the ordinary single-face revalidation pattern and identifies it as a treasury-controlled specimen of exceptional documentary importance. The significance of the reverse overprint is especially important. ... 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
Held
Paraguay 1907 100 Pesos Banco de la República note with 1912 Emisión del Estado state overprint on the face, Pick 134, base Pick 159, printed by Waterlow & Sons, London, PMG 65 EPQ Gem Uncirculated Top Pop

Paraguay 1907 — 100 Pesos with 1912 State Overprint (Pick 134, Base Pick 159)

Exceptional 1907 Banco de la República 100 Pesos, printed by Waterlow & Sons, London, and later revalidated by the Paraguayan state through the bold oval overprint “Emisión del Estado – Ley de 11 de Enero de 1912.” This is the recognized catalogued 1912 state-overprint issue, Pick 134, created on the original 1907 Banco de la República 100 Pesos base type, Pick 159. Unlike the rarer dual-side treasury revalidation variety, this example carries the official state emission overprint on the face only, making it the standard and historically definitive form of the 1912 emergency reissue. The 1912 overprint was not a decorative or routine bank marking. ... Read more →

ParaguayOverprint Issue1907100 PesosPMG 65 EPQ Gem Uncirculated (Top Pop) Overprint Issue100 PesosPick 134Pick 159Base Pick 159State OverprintSingle-Side OverprintFace OverprintProvisionalEmergency State IssueFiscal RevalidationGovernment RevalidationWaterlow & SonsBanco de la RepúblicaEmisión del EstadoLey de 11 de Enero de 1912Moneda NacionalDiez Pesos Oro SelladoGold-Value ClauseSeries ARed Serial NumberBlack Oval OverprintArchitectural VignetteGuilloché Security DesignParaguayan Emergency Issues1912 ReformParaguayan Civil War PeriodSouth American Monetary HistoryEarly 20th Century FinanceEmergency CurrencyOverprint VarietiesState LiabilityCurrency RevalidationParaguayRepublic of Paraguay19071912PMG 65 EPQGem UncirculatedTop PopMuseum GradeR7 Extremely RareHistory
Held
Paraguay 1907 Banco de la República 5 Pesos with 1912 Emisión del Estado state overprint on the face, Pick 127, base Pick 156, printed by Waterlow & Sons, London, PMG 64 Choice Uncirculated

Paraguay 1907 — Banco de la República 5 Pesos with 1912 State Overprint (Pick 127, Base Pick 156)

Choice Uncirculated 1907 Banco de la República 5 Pesos note, printed by Waterlow & Sons, London, and later revalidated as part of Paraguay’s 1912 emergency state emission. The note is cataloged as Pick 127, created by applying the large oval face overprint “Emisión del Estado – Ley de 11 de Enero de 1912” to the original 1907 Banco de la República 5 Pesos base type, Pick 156. This is the standard cataloged 5 Pesos state-overprint issue and the direct counterpart to the larger 100 Pesos Pick 134 overprint on base Pick 159. ... Read more →

ParaguayOverprint Issue19075 PesosPMG 64 Choice Uncirculated Overprint Issue5 PesosPick 127Pick 156Base Pick 156State OverprintSingle-Side OverprintFace OverprintProvisionalEmergency State IssueFiscal RevalidationGovernment RevalidationWaterlow & SonsWaterlow & Sons LondonBanco de la RepúblicaEmisión del EstadoLey de 11 de Enero de 1912Moneda NacionalCincuenta Centavos Oro SelladoGold-Value ClauseSeries ARed Serial NumberBlack Oval OverprintGuilloché Security DesignIntaglio PrintingBlue UnderprintBrown ReverseNational EmblemParaguayan Emergency Issues1912 ReformParaguayan Civil War PeriodSouth American Monetary HistoryEarly 20th Century FinanceEmergency CurrencyOverprint VarietiesState LiabilityCurrency RevalidationPublic Finance HistoryHistoryParaguayRepublic of Paraguay19071912PMG 64Choice UncirculatedMuseum GradeR7 Extremely Rare
Held
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