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500 Pesos Fuertes Caja de Conversión
| Issuer | Caja de Conversión del Paraguay |
|---|---|
| Year | 1907 |
| Type | Log in to see details |
| Value | 500 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Black intaglio print on red and green underprint. An allegorical seated female figure appears at left as a vignette, with a view of the ruins of Humaita at right. Seven signature varieties are known for this issue. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | REPÚBLICA DEL • PARAGUAY • 500 (Translation: Republic of Paraguay 500) |
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| Comments |
The Caja de Conversión was established by Paraguay in 1907 specifically to manage the chaotic paper money situation left over from the War of the Triple Alliance and its economic aftermath — a country still rebuilding its male population and its fiscal architecture decades later. The conversion house was meant to back circulating notes with metallic reserves, though in practice that discipline was inconsistently maintained.
Seven distinct signature combinations are recorded for this single issue, reflecting the turnover of officials across what was evidently a long period of actual use rather than a short print run. The American Bank Note Company supplied the plates and sheets from New York, a standard arrangement for South American issuers who lacked domestic security printing facilities.