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100 guarinies 1963

America › South America › Paraguay
P-1981963Banco Central del ParaguayUNC
100 guarinies 1963 from Paraguay, P-198 (1963) — image 1
100 guarinies 1963 from Paraguay, P-198 (1963) — image 2

Market Prices

8 sales
Catalogue (2019)
VF$3
UNC$20
PMG 67$139.52024-07-09(15 bids)
UNC$7.512023-08-10(10 bids)
AUNC$19.032020-12-20(12 bids)
UNC$18.52020-11-08(9 bids)
VF$1.992020-08-25(1 bid)
EF$10.52020-08-01(9 bids)
UNC$3.992016-11-19(1 bid)
UNC$202015-01-01(14 bids)

About This Note

This is a 1963 Paraguay 100 Guaranies note (Pick P-198) in circulated condition, featuring General José E. Díaz in military uniform on the obverse and the historic Ruins of Humaitá on the reverse. The note displays the characteristic green and pink color scheme typical of this issue, with visible handling wear including horizontal fold marks and creases, consistent with moderate circulation. As a mid-20th century Paraguayan note from the Banco Central del Paraguay, this represents an accessible piece of South American numismatic history.

Rarity

Common. eBay transaction data shows multiple sales of this note in UNC condition ranging from $3.99 to $20 (2016-2024), with catalog values placing UNC examples at approximately $20. The consistent availability at modest prices, regular circulation evidence, and large print runs by Thomas de la Rue indicate this is a standard, readily available issue. Only the PMG 67 graded example ($139.50) commands premium pricing due to professional certification and higher grade rarity, but raw uncirculated examples remain affordable and common in the collector market.

Historical Context

Issued under Decree Law No. 18 of March 25, 1952, this note circulated during Paraguay's post-war recovery period under the Stroessner regime. General José E. Díaz, honored on the obverse, represents Paraguay's military heritage, while the reverse depicts the Ruins of Humaitá (dated 1865/70), commemorating the fortress destroyed during the devastating War of the Triple Alliance—a defining moment in Paraguayan national identity and territorial history.

Design

The obverse features a portrait of General José E. Díaz positioned at right, depicted as a bearded officer in military uniform with shoulder insignia. The center showcases an ornate rectangular cartouche containing the denomination 'CIEN GUARANIES' in elaborate lettering. On the left side is the circular national seal of the República del Paraguay, featuring a lion with the motto 'PAZ Y JUSTICIA' (Peace and Justice). The note employs a green primary color with pink/salmon tonal background elements. The reverse presents an engraved landscape scene of the Ruins of Humaitá, a colonial-era fortification with distinctive thick stone walls and architectural arches, depicted in a landscape setting with water in the foreground and vegetation. Large denomination numerals '100' appear on both left and right sides of the reverse. The entire design is framed by ornate guilloche border patterns and fine line engraved details throughout.

Inscriptions

FRONT SIDE: 'Banco Central del Paraguay' (Central Bank of Paraguay) / 'El Banco Central del Paraguay reconoce éste billete por cien guaranies' (The Central Bank of Paraguay recognizes this banknote as one hundred guaranies) / 'General Jose E. Diaz' (General Jose E. Diaz) / 'Presidente' (President) / 'Gerente' (Manager) / 'Este billete tiene curso legal y fuerza cancelatoria ilimitada en todo el territorio de la República (Decreto Ley Nº 18 del 25 de Marzo de 1952)' (This banknote has legal tender status and unlimited cancellation power throughout the territory of the Republic [Decree Law No. 18 of March 25, 1952]) / 'Thomas De La Rue & Company, Limited' (printer attribution). BACK SIDE: 'República del Paraguay' (Republic of Paraguay) / 'Cien Guaranies' (One Hundred Guaranies) / 'Ruinas de Humaitá 1865/70' (Ruins of Humaitá 1865/70) / 'Thomas De La Rue & Company, Limited' (printer attribution).

Printing Technique

Intaglio engraving (line engraving), executed by Thomas de la Rue & Company, Limited of London, a world-renowned security printer. The visual characteristics confirm this method: fine line guilloche work, elaborate geometric patterns, detailed portrait rendering, and the precision of the landscape scene depicting Humaitá all indicate professional intaglio production. The note exhibits the hallmarks of mid-20th century British banknote printing security standards.

Varieties

This example bears serial number A2409531 and shows no prefix letter, indicating it is from the standard circulation issue rather than the replacement notes (which carry the 'Z' prefix). The note dates to the 1952 authorization but was issued in 1963 as indicated by the catalog designation. No visible overprints, signature varieties, or other distinguishing characteristics that would indicate a major variety are observed in the visual analysis. Standard variety for this Pick number.