Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 Pesos Fuertes Administración de la Deuda Pública
| Issuer | Administración de la Deuda Pública del Paraguay |
|---|---|
| Year | 1899 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | American Bank Note Company, New York, United States |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 CINCO REPÚBLICA DEL PARAGUAY LA NACION RECONOCE ESTE BILLETE POR 5 CINCO PESOS FUERTES QUE PAGARÁ CONFORME Á LA LEY DE 18 DE NOVIEMBRE DE 1899. SPECIMEN (Translation: Five Republic of Paraguay The Nation recognizes this note for Five Pesos Fuertes That will pay according to the Law of November 18th., 1899. Specimen) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Paraguay's public debt administration was issuing currency by 1899 because the country's banking infrastructure had effectively collapsed in the aftermath of the War of the Triple Alliance — a conflict that had killed a catastrophic proportion of the male population and left the state treasury hollow for decades. The Administración de la Deuda Pública filled the vacuum, issuing notes as a quasi-fiscal instrument to manage obligations that a conventional central bank simply did not exist to handle.
ABNC's engraved work on this series is characteristically fine. The watermark is the sole mechanical security feature — thin protection for a note circulating in an economy with limited means to verify it.