Watch List notes:

El Banco Nacional del Paraguay, 5 centavos (6), 1886, red serial numbers, black and pale blue, dog's head at right, also 10 centavos (6), 1886, black and orange-yellow, bull at left, also 20 centavos, 1886, red serial number 26052, pink and black, jaguar at centre, and 50 centavos (4), 1 January 1886, red serial numbers, black and red, horse at left. (Pick S141, S142, S143, S144), three of the 50 centavos very fine, one very good, others generally VG to fine, the 20 centavos almost very fine (16)

($350-400)