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2 Reales Silver 'Thin Planchet' Pattern

Issuer Paraguay
Year 1869
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Value 2 Reales (1/4)
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Reverse description Central device features a left-facing draped bust of Liberty in high relief, her flowing wavy hair bound by a starred diadem or coronet decorated with a row of small five-pointed stars. The classically styled portrait fills the majority of the field and is rendered with fine detail to the hair and facial features. The legend PAZ Y JUSTICIA arcs around the upper periphery in bold Latin letters, while the date 1869 is positioned in the lower field below the truncation. The design is enclosed by a beaded border.
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Reverse lettering PAZ Y JUSTICIA 1869
(Translation: Peace and Justice 1869)
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Additional information

Paraguay in 1869 was a country being dismembered. The War of the Triple Alliance had reduced the male population by an estimated 60–70%, and Francisco Solano López was killed at Cerro Corá in March of that year, ending the conflict. Pattern coinage struck during or immediately after this period reflects the urgent need to establish functional monetary infrastructure under what was effectively a foreign-administered reconstruction. The thin planchet specification — lighter than the intended production standard — suggests weight adjustments were being trialed against the practical realities of silver supply and anticipated trade use in a virtually depopulated economy.

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