Paraguay 1907 - 100 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint Specimen (Pick Unlisted)
Within that emergency system, this specimen represents the highest visible level of revalidation: first, the national state emission overprint on the face; second, the Treasury and Junta Fiscalizadora validation on the reverse; and third, the explicit reaffirmation of the ten sealed gold pesos formula. The note therefore records a complete chain of authority. It begins as a 1907 Banco de la República Waterlow & Sons banknote, becomes a January 1912 state-recognized obligation, and is then further confirmed by the Treasury under the May 1912 decree. Few Paraguayan notes of the period show this administrative transition so clearly. 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
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