Paraguay 1907 - 100 Pesos with 1912 State Overprint (Pick 134, Base Pick 159)
The face design remains one of the most impressive Waterlow & Sons productions for Paraguay. A broad yellow-green tint field supports a dense black intaglio framework, with large corner denomination panels, elaborate guilloché work, floral and scroll ornaments, and a central architectural vignette of the Banco de la República building. The red serial number, large Series A panel, and engraved promise-to-pay text are all preserved beneath the heavy black state overprint. The overprint itself crosses the national emblem and central vignette with striking authority, making the political intervention visually inseparable from the original banknote design. 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
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