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50 Guaranies Banco Central del Paraguay
| Issuer | Banco Central del Paraguay |
|---|---|
| Year | 1952-1961 |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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| Obverse description | Red-brown intaglio print on yellow guilloche underprint, centering a portrait vignette of Dr. José Gaspar Rodríguez de Francia. The denomination numeral 50 appears on both lateral borders of the portrait and within compartmentalized squares at lower left, upper left, and lower right, with the national arms occupying the upper right square. The issuer's title runs across the top, with the series letter in black at upper left and the serial number in black at upper right. |
|---|---|
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| Reverse description | Printed in olive-green, the reverse is dominated by a central vignette of the Banco Central del Paraguay building. The country name is inscribed across the top, the denomination expressed in letters runs below the central vignette, and the numeral value is repeated on both lateral borders. |
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| Comments |
Paraguay's Banco Central was itself only established in 1952, making this 50 Guaraníes among the earliest notes issued under the new central banking framework that replaced the older Banco del Paraguay y Río de la Plata arrangements. The number of distinct signature combinations — six across the series — reflects the considerable ministerial and bank-presidency turnover during Stroessner's consolidation of power through the late 1950s.
The shift from notes without fibres to those with fibres at right marks a mid-run paper stock change by De La Rue, and collectors use it as the primary tool for sequencing issues within the series alongside the signature pairings.