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| 正面描述 | Printed in black on cream paper with a green guilloche underprint, the obverse carries at left an oval vignette with a portrait of a bearded gentleman in formal attire, and at right a circular vignette of a lion above the motto 'PAZ Y JUSTICIA'. The central field presents a large ornate numeral '2' within a guilloche panel flanked by the repeated legend 'DOS 2 DOS' above the denomination 'DOS PESOS FUERTES'. The upper register bears the full bank title beneath 'REPÚBLICA DEL PARAGUAY', with the promise-to-pay clause 'PAGARÁ AL PORTADOR Y Á LA VISTA' and the issue date 'ASUNCIÓN, 26 DE DICIEMBRE DE 1889' at foot. |
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| 正面铭文 | REPÚBLICA DEL PARAGUAY BANCO DEL PARAGUAY Y RIO DE LA PLATA PAGARÁ AL PORTADOR Y Á LA VISTA DOS 2 DOS DOS PESOS FUERTES PAZ Y JUSTICIA ASUNCIÓN 26 DE DICIEMBRE DE 1889 INSPECTOR DEL GOBIERNO POR EL BANCO American Bank Note Co., New York |
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The Banco del Paraguay y Río de La Plata was a joint Argentine-Paraguayan venture, chartered in Buenos Aires in 1871 and operating in the prolonged economic vacuum left by the War of the Triple Alliance, which had effectively erased Paraguay's financial infrastructure and roughly half its population. The bank held a note-issuing concession for Paraguay but was never purely Paraguayan — Argentine capital dominated its structure from the start.
The ABNC printed this series in New York, as it did for most of the bank's issues. By 1889 the institution was approaching the end of its effective life; Paraguay would move toward a national banking arrangement within a few years, and these notes did not circulate for long before being superseded.