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4 Reales Tesoro Nacional

Issuer Tesoro Nacional del Paraguay
Year 1860
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Reference(s) P#10
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Obverse lettering 4 REPÚBLICA DEL PARAGUAY 4 Nº EL TESORO NACIONAL CUATRO REALES Pagará al portador la cantidad de 4 REALES valor recibido Cuatro Reales La Ley perseguirá a los falsificadores 4 CUATRO REALES 4
(Translation: Republic of Paraguay Four Reales The National Treasury will pay the bearer 4 Reales (paid amount/valor recibido) Four Reales The Law will prosecute counterfeiters)
Reverse description Uniface issue; the reverse is entirely unprinted, showing only the plain paper stock with evidence of age-related foxing and fold lines.
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Comments

Paraguay's Tesoro Nacional issued this note just as the country was deepening its experiment with state-directed finance under Carlos Antonio López, who had spent the previous decade systematically building domestic institutions to reduce dependence on foreign merchants and imported goods — including printed paper. The Riviere lithography shop in Asunción was one of the very few commercial printing operations then operating in Paraguay, making domestic production the only realistic option rather than a deliberate nationalist statement.

Lithographed notes from this period are inherently more vulnerable to skilled forgery than engraved ones, and the Tesoro Nacional series was no exception to that concern regionally.

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