© Heritage Auctions
© Heritage Auctions
1 Peso
1889 year| Silver (.900) | 25.0 g | 37.5 mm |
| Issuer | Paraguay |
|---|---|
| Period | Republic (1811-date) |
| Type | Standard circulation coin |
| Year | 1889 |
| Value | 1 Peso |
| Currency | Peso (1856-1944) |
| Composition | Silver (.900) |
| Weight | 25.0 g |
| Diameter | 37.5 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Demonetized | 31 December 1944 |
| Updated | 2024-10-07 |
| Numista | N#44515 |
|---|---|
| Rarity index | 63% |
Reverse
One of the two national coats of arms (Sello de Hacienda) with national motto and denomination (in words) below.
Script: Latin
Lettering:
PAZ Y JUSTICIA
UN PESO 9 D os FINO
Translation:
Peace and justice (National motto of Paraguay)
One peso
Nine tenths of pure silver
Edge
Plain with legend
Lettering: IGUALDAD ANTE LA LEY
Translation: Equality before the law
Comment
Unknown quantity meltedAccording to the contract between the Buenos Aires Mint (Casa de Moneda de la República Argentina) and a representative of Paraguay, a whole series of coins had to be minted in silver: 5, 10, 20, 50 centavos and 1 peso. But actually, only 1 peso was minted in 1889. Other coins are known only as pattern strikes.
Interesting fact
The 1889 Paraguayan 1 Peso coin made of Silver (.900) weighing 25.0 g is interesting because it was minted during the time of the Paraguayan War, also known as the War of the Triple Alliance (1864-1870), which was a devastating conflict that involved Paraguay, Argentina, Brazil, and Uruguay. Despite the war, Paraguay continued to mint coins, and this particular coin is a testament to the country's resilience and determination to maintain its economic and financial systems during a time of great turmoil.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1889 | 603880 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Peso 1889 coin.
