Paraguay 1973 10000 guaranies
This gold 10,000 guaranies was struck for Paraguay in 1973. It honors one of the numerous re-elections of President and dictator Alfredo Stroessner (1912-2006), who ruled Paraguay 1954-89. Among his tactics in dealing with opponents was to drop them out of airplanes into the trackless wastes of the Gran Chaco. This specimen was lot 24758 in Heritage sale 3030 (New York, January 2014), where it sold for $5,875. The catalog description[1] noted, "Republic gold 10000 Guaranies 1968, MS64 PCGS, fully brilliant with some faint obverse hairlines, a very rare type with an estimated mintage of 50. Struck to celebrate the fourth term of office for Stroessner." This bust was used on other commemorative coinage issued by the regime, such as a 300 guaranies of 1968 (KM 29) and a 300,000 guaranies of 1988 (KM 174). Many of the commemoratives issued during the seventies are so rare that they are not pictured in the SCWC. The peso was dropped in favor of the guarani in 1944.
Recorded mintage: about 50.
Specification: 46.01 g, 0.900 fine gold, 1.331 troy oz AGW.
Catalog reference: KM 30.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World and Ancient Coins Auction 3030, featuring the RLM Collection, the Isaac Rudman Collection, the Hans Cook Collection and the Collection of Donald E. Bently, Dallas, TX: Heritage Auction Galleries, 2013.
Link to:
- Paraguay 1973 300 guaranies
- 1974 1500 guaranies, Beethoven
- 1978 guarani F.A.O.
- 1978 5 guaranies F.A.O.
- 1978 10 guaranies F.A.O.
- 1978 70,000 guaranies, Alfredo Stroessner
- Coins and currency dated 1973
- return to Paraguay
- Wikipedia biography of Stroessner: [1]