1 guarini 1943

Common. eBay market data shows consistent availability with UNC examples selling for $10-20 range (2015-2016 catalog valuations confirmed by auction results), and even premium PMG 66 graded examples selling for $61-100 in recent years. The print run for this standard Central Bank issue was substantial, circulation has been steady across decades, and multiple examples remain available in the collector market. No historical evidence suggests limited mintage or recall. The note's value derives from age and condition rather than scarcity.

Issued in 1943 during World War II when Paraguay maintained official neutrality while facing internal political pressures, this banknote's imagery celebrates Paraguayan military identity through the 'Soldado Paraguayo' (Paraguayan Soldier) portrait. The neoclassical Central Bank building depicted on the reverse symbolized institutional stability and modern governance, while the 'Paz y Justicia' (Peace and Justice) motto reflected post-Chaco War aspirations. The Thomas de la Rue London printing indicates Paraguay's continued reliance on established European security printers for currency production during this period.

The obverse features a full-length standing portrait of a Paraguayan soldier ('Soldado Paraguayo') in formal military dress uniform with boots, positioned center-right, embodying national military pride during the 1940s. The soldier is framed by ornate green and red decorative borders with floral and geometric patterns, while the coat of arms of the Republic appears in the upper right. Large decorative numeral '1' frames occupy the left and right margins. The reverse displays a prominently rendered neoclassical government building—identified as the Central Bank of Paraguay building in Asunción—rendered in brown and maroon tones with classical columns and symmetrical facade, surrounded by matching ornamental corner numerals and geometric border designs. Both sides employ fine engraved linework and cross-hatching throughout, typical of high-security currency production.

FRONT SIDE: 'BANCO CENTRAL DEL PARAGUAY' (Central Bank of Paraguay), 'REPÚBLICA DEL PARAGUAY' (Republic of Paraguay), 'UN GUARANI' (One Guarani), 'SOLDADO PARAGUAYO' (Paraguayan Soldier), 'PAZ Y JUSTICIA' (Peace and Justice), 'SERIE A' (Series A), Serial number '0902749', 'EL BANCO CENTRAL DEL PARAGUAY RECONOCE ESTE BILLETE POR UN GUARANI' (The Central Bank of Paraguay recognizes this banknote as One Guarani), 'ESTE BILLETE TIENE CURSO LEGAL Y FUERZA CANCELATORIA EN TODO EL TERRITORIO DE LA REPÚBLICA' (This banknote has legal tender status and payment validity throughout the Republic's territory), signature lines for 'PRESIDENTE' (President) and 'GERENTE' (Manager). BACK SIDE: 'REPÚBLICA DEL PARAGUAY' (Republic of Paraguay), 'UN GUARANI' (One Guarani), 'THOMAS DE LA RUE & CO. LTD. LONDRES, INGLATERRA' (Thomas De La Rue & Co. Ltd. London, England). BOTH SIDES: Printer attribution and legal tender declarations.

Intaglio engraving (line engraving) printed by Thomas de la Rue & Co. Ltd. of London, England, as credited on both sides of the note. The fine line work, detailed cross-hatching in the architectural rendering, ornate engraved borders, and multi-color printing (green/red on obverse, brown/maroon on reverse) are characteristic of premium intaglio security printing. The crisp detail and ornamental precision indicate the sophisticated engraving standards maintained by this renowned British currency printer during the 1940s.

This specimen is identified as Series A (SERIE A), with serial number 0902749. The note displays signatures from two officials (President and Manager positions), though specific signatories are not clearly legible in the visual analysis. The consistent large ornamental numeral designs and Central Bank of Paraguay attribution indicate this is a standard issue from the 1943 law date of October 5, 1943 (L. 05.10.1943). No overprints or significant varieties are noted. The Thomas de la Rue printing location and quality remain consistent with documented Pick P-178 specifications.