Watch List notes:

Paraguay: El Tesoro Nacional and Republica del Paraguay, lot with 4 banknotes, series ND(1865) – L.1923, comprising 1 and 3 Pesos ND(1865) (P.21 – F with taped tear, P.23 – VF small missing part lower left), 5 Pesos L.1907 (P.156, UNC) and 5 Pesos L.1923 (P.163, XF). Nice lot! (4 pcs.)
[taxed under margin system]