Paraguay 1856 — 2 Reales Tesoro Nacional (Earliest National Paper Money)
Earliest known national paper money of Paraguay — the 2 Reales Tesoro Nacional note issued circa 1856 under President Carlos Antonio Lopez. Printed locally in Asuncion on thin handmade paper, this inaugural emission predates all Pick-listed Paraguayan notes and represents the first attempt by the Treasury to create circulating paper currency. Design elements include the national seal with the lion and liberty cap, ornate perimeter borders, and large denomination numerals at each side. ... Read more →