Paraguay: from commemorative to circulation coin and back again

[<k>]

In 1987 Paraguay issued two collector coins with the same themes and designs: a silver 10 000 guaraníes and a gold 250 000 guaraníes.

The obverse design featured the building of the Central Bank of Paraguay.

The reverse design featured Bernardino Caballero and Alfredo Stroessner. The design commemorated the centennial of the Colorado Party, a Paraguayan right-wing political party in Paraguay, that was founded on 11 September 1887, by Bernardino Caballero. Alfredo Stroessner was a Paraguayan Army officer who served as president of Paraguay from 1954 to 1989, during the military dictatorship.

[<k>]

The obverse of the gold 250 000 guaraníes coin of 1987.





The reverse of the gold 250 000 guaraníes coin of 1987.


Images © Heritage Auctions.

[<k>]

In 1997 Paraguay issued a new denomination of 500 guaraníes. This was a circulation coin.

The reverse of the coin featured the building of the Central Bank of Paraguay.

This version of the coin was a one-year type only for 1997.

[<k>]

In 1997 another version of the 500 guaraníes circulation coin was issued.

It was issued from 1997 to 2005.


The reverse of this version of the coin was different.

The denomination was featured more distinctly.

[<k>]

In 2002 Paraguay issued a silver 1 guaraní commemorative collector coin.

It commemorated the fiftieth anniversary of the Central Bank of Paraguay.

The obverse design featured the Gunboat Paraguay.






The reverse featured the familiar design of the Central Bank of Paraguay.

[<k>]

A smaller version of the 500 guaraníes coin was issued from 2006 onward.
.
The version was in nickel-plated steel instead of brass-plated steel.

[<k>]

See also:

1] Coinage of Paraguay since 1975.

2] Numismatic heritage: commemorative designs that became standard designs.