Paraguay 1907 - 100 Pesos with 1912 State Overprint (Pick 134, Base Pick 159)
This certified example is especially important because issued 1912 overprint notes normally survived in circulated condition. High-denomination emergency paper was not produced for collectors; it was made to solve an immediate fiscal problem and was expected to work in the economy. Most examples were handled, redeemed, withdrawn, damaged, or lost. A PMG 65 EPQ Gem Uncirculated survivor with original paper quality is therefore extraordinary. The grade places this note at the very top level of preservation for the type, and the EPQ designation confirms the exceptional originality of the paper surface. 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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