1 Peso, Paraguay, 1894 (Pick 88)

This 1 Peso note was issued in Paraguay, dated 1894. It belongs to the Peso (1856-1944) currency system. Issuing authority and period recorded in the catalogue: Republic (1811-date). It measures 120 × 60 mm and is printed on paper. The Standard Catalog of World Paper Money lists the type as Pick 88.

Obverse: Black on red and blue underprint. Coat of Arms at left; larger number of face value at center; serial number in red. Six signatures varieties. Its lettering reads “UN PESO FUERTE / REPÚBLICA DEL PARAGUAY / LA NACION / RECONOCE ESTE BILLETE POR / UN PESO FUERTE / QUE PAGARÁ CONFORME Á LA LEY / DE 24 DE SETIEMBRE DE 1894, / POR AUTORIZACION.”. Translation given in the catalogue: “One Peso Fuerte Republic of Paraguay The Nation recognizes this note for One Peso Fuerte That will pay according to the Law of September 24th., 1894 by authorization.”.

Reverse: Red. Large number at center. Its lettering reads “REPÚBLICA DEL / PARAGUAY / 1”. Translation given in the catalogue: “Republic of Paraguay”. The note was printed by Giesecke+Devrient (Giesecke & Devrient), Leipzig, Germany (1852-date). Demonetized: Yes. Identification note: match the value, issuing bank, printed date and Pick number together; dates and signature combinations distinguish sub-varieties, which are not separated in this entry. Details follow the Numista catalogue entry and the Standard Catalog reference it cites; they have not been checked against a central-bank archive.