Paraguay 1907 - Banco de la República 5 Pesos Issued Note (Pick 156)
As a PMG 65 EPQ Gem Uncirculated example of Pick 156, this note is a museum-grade reference for early twentieth-century Paraguayan paper money. It combines the original Banco de la República issue, Waterlow & Sons security engraving, the fifty-centavos gold-value clause, the denomination watermark, and the direct base identity for the 1912 emergency overprints. For the study of Paraguay’s monetary crisis and revalidation system, it is the foundation piece of the 5 Pesos sequence. Read more →
ParaguayIssued Note19075 PesosPMG 65 EPQ Gem Uncirculated Issued Note5 PesosPick 156Banco de la RepúblicaBase TypeNon-Overprinted IssueOriginal IssueSeries ARed Serial NumberWaterlow & SonsWaterlow & Sons London5 WatermarkWatermark 5Allegorical PortraitFemale PortraitGuilloché Security DesignIntaglio PrintingBlue UnderprintBrown ReverseNational EmblemLarge Denomination PanelsMoneda NacionalCincuenta Centavos Oro SelladoGold-Value ClauseHalf Peso OroBase for 1912 State OverprintBase for Pick 127Base for Dual-Side Treasury RevalidationParaguayan Monetary HistorySouth American Monetary HistoryEarly 20th Century FinancePre-1912 Emergency IssueReference TypeCurrency Reform ContextHistoryParaguayRepublic of Paraguay19071912PMG 65 EPQGem UncirculatedExceptional Paper QualityMuseum GradeR7 Extremely Rare
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