Paraguay 1907 - Banco de la República 5 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint (Pick Unlisted, Base Pick 156)
Within the 5 Pesos trio of 1907 issued Pick 156, 1912 single-side state overprint Pick 127, and this 1912 dual-side state and Treasury revalidation variety, this note represents the highest visible administrative tier. The issued Pick 156 note shows the original Banco de la República obligation. The single-side Pick 127 overprint shows the state assuming and validating the old stock. This dual-side Pick Unlisted overprint shows the additional Treasury and Junta Fiscalizadora layer, tying the note back to the official “Cincuenta Centavos Oro Sellado” value clause. For the study of Paraguayan provisional paper money, it is the most complete and historically revealing form of the type. Read more →
ParaguayDual-Side Overprint Issue19075 PesosUncirculated Dual-Side Overprint Issue5 PesosPick UnlistedPick 156Base Pick 156OverprintState OverprintTreasury OverprintDual-Side OverprintFace OverprintReverse OverprintProvisionalEmergency State IssueFiscal RevalidationTreasury RevalidationGovernment RevalidationWaterlow & SonsWaterlow & Sons LondonBanco de la RepúblicaEmisión del EstadoLey de 11 de Enero de 1912Departamento de HaciendaJunta FiscalizadoraConforme Decreto de 20 de Mayo 1912Moneda NacionalCincuenta Centavos Oro SelladoGold-Value ClauseSeries ARed Serial NumberBlack Oval OverprintReverse Treasury ValidationGuilloché Security DesignIntaglio PrintingParaguayan Emergency Issues1912 ReformParaguayan Civil War PeriodSouth American Monetary HistoryEarly 20th Century FinanceEmergency CurrencyOverprint VarietiesState LiabilityTreasury VerificationCurrency RevalidationPublic Finance HistoryHistoryParaguayRepublic of Paraguay19071912UncirculatedMuseum GradeR9 Extremely Rare
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