Watch List notes:

El Banco del Paraguay y Rio de la Plata, 1 peso 25 centavos, 25 June 1889, red serial number 253665, black and green, seated maiden (Justitia) at left, arms at right, two signatures in field, reverse green, value, also 2 pesos, 29 December 1889, red serial number 127164, black, pale yellow and pale blue, Ponzini at left, arms at right, two signatures below, reverse blue, value. (Pick S161, 162), pleasing good fine and scarce (2)

($400-500)