Watch List notes:

World Notes, Paraguay, War of the Triple Alliance, 1868 issue, three pesos, no. 30419, four pesos, no. 17795, five pesos, no. 990, all with red stamp 'Tercera Serie' (Pick 31, 32, 33), three pesos good very fine, four pesos small piece missing lower right edge, otherwise good extremely fine, five pesos with 20mm vertical split at centre, otherwise very fine (3)