Collection PL

Paraguay 1907 — Banco de la República 5 Pesos with 1912 State Overprint (Pick 127, Base Pick 156)

Choice Uncirculated 1907 Banco de la República 5 Pesos note, printed by Waterlow & Sons, London, and later revalidated as part of Paraguay’s 1912 emergency state emission. The note is cataloged as Pick 127, created by applying the large oval face overprint “Emisión del Estado – Ley de 11 de Enero de 1912” to the original 1907 Banco de la República 5 Pesos base type, Pick 156. This is the standard cataloged 5 Pesos state-overprint issue and the direct counterpart to the larger 100 Pesos Pick 134 overprint on base Pick 159. ... Read more →

Paraguay 1907 — Banco de la República 5 Pesos Issued Note (Pick 156)

Issued 1907 Banco de la República 5 Pesos note, cataloged as Pick 156 and printed by Waterlow & Sons, London. This is the original, non-overprinted base type from which the later 1912 5 Pesos emergency state-overprint issue was created. In this untouched issued form, without the later “Emisión del Estado” oval stamp and without the additional reverse Treasury validation seen on the dual-side fiscalized variety, the note preserves the full Waterlow & Sons design as Paraguay originally released it under the monetary framework of 1907. ... Read more →