America: Paraguay
Paraguay pick 196a: 10 Guarani from 1952
L.1952. Deep red on multicolor underprint. General Eugenio A. Garay at right, arms at left. Two signature varieties. Back: International bridge. Printer: TDLR. Black serial number at lower left and lower right. Replacement notes: Serial number prefix Z.
Paraguay pick 197b: 50 Guarani from 1952
L.1952. Brown on multicolor underprint. Mariscal José F. Estigarribia at right, arms at left. Two signature varieties. Back: Country road. Printer: TDLR. Black serial number at upper left and lower right. Replacement notes: Serial number prefix Z.
Paraguay pick 198a: 100 Guarani from 1952
L.1952. Green on multicolor underprint. General José E. Diaz at right, arms at left. Black serial number at lower left and lower right. Back: Ruins of Humaita. Printer: TDLR. Replacement notes: Serial number prefix Z.
Paraguay pick 199a: 100 Guarani from 1952
L.1952. Orange on multicolor underprint. General José E. Diaz at right, arms at left. Black serial number at lower left and lower right. Two signature varieties (small size signature). Back: Ruins of Humaita. Printer: TDLR. Black serial number at lower left and lower right. Replacement notes: Serial number prefix Z.