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1,25 Pesos Fuertes
| Issuer | Banco del Paraguay y Río de La Plata |
|---|---|
| Year | 1889 |
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| Printer | American Bank Note Company |
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| Obverse description | Black intaglio on white paper, with the bank name arching in large display lettering along the left margin. At left, a classical female allegory reclines among agricultural implements and a treasure chest in finely engraved style; at center, a manuscript serial number appears above the promise-to-pay text with the denomination UN PESO Y 25 CENTAVOS FUERTES in bold letterpress. At right, a circular vignette encloses a lion beneath a five-pointed star within an ornate guilloche border, bearing the legend PAZ Y JUSTICIA. |
|---|---|
| Obverse lettering | EL BANCO DEL PARAGUAY Y RIO DE LA PLATA REPUBLICA DEL PARAGUAY Ley de 25 de Junio de 1889 Pagará al portador y á la vista UN PESO Y 25 CENTAVOS FUERTES en moneda corriente de plata sellada de curso legal PAZ Y JUSTICIA ASUNCION POR EL BANCO American Bank Note Co. New York |
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| Comments |
The Banco del Paraguay y Río de La Plata was a short-lived institution — chartered in the late 1880s during a period of speculative banking expansion in the Río de la Plata region that ended badly for most participants. The bank collapsed well before Paraguay's catastrophic 1890s monetary crisis fully took hold, meaning notes of this series had an extremely narrow window of legitimate circulation.
The 1,25 peso fuerte denomination is an odd one, reflecting the fractional currency demands of retail trade rather than any standard banking convention. ABNC produced the plates in New York; the denomination itself suggests local commercial input into the printing order.