Two values, 5P olive green and 11P violet brown, were issued on 17 August 1938. They were printed by the Government Printing Works by offset lithography in sheets of 100 (10 x 10).

Perf 12 with a perf 11 variety known. Quantity unknown.

First mentioned in the October 21, 1939 issue of Weekly Philatelic Gossip. Perf 12 with an issue of 500,000. I do not know the date it was issued or by whom printed but I suspect it was the Government Printing Works. I know of no varieties.

Perf 11. No varieties known.

Issued on 1 March 1939 in an unknown quantity. Printed by the Government Printing Works by offset lithography.

Issued on 1 March 1939 in an unknown quantity. Printed by the Government Printing Works by offset lithography.

A series of stamps was issued on 21 September 1939. These were printed by the Government Printing Works by offset lithography. The standard perforation is 12.

The quantity issued was either 500,000 or 1,000,000 depending on which publication one consults.

The following varieties are known: pair, imperf horizontally; pair, imperf vertically; center double, one on reverse; center inverted (perf 11 1/2); perf 11; perf 11 pair, imperf horizontally; perf 11 pair imperf vertically; perf 11 x 12; imperf pair; imperf pair center double one on reverse.

WRONG HEADS - perf 12; imperf pair; center inverted (perf 12);imperf pair, center inverted; tete-bech pair (heads normal and inverted) perf 12; tete-beche pair imperf.

Issued in a quantity of 500,000 or 1,000,000. The following are the varieties I am aware of: perf 11; perf 11 pair, imperf vertically; imperf pair; imperf pair, frame double one on back; center inverted (perf 11 1/2).

Issued in a quantity of 500,000 with only one variety known to me - center inverted (perf 11 1/2).

Issued in a quantity of 500,000 without any reported varieties.

A series of stamps issued on 15 November 1939 and printed by the American Bank Note Company. I know of no varieties. The values and quantities are:

50c violet blue --- 400,000
1P olive --- 500,000
2P blue green --- 500,000
3P sepia --- 250,000
5P orange --- 400,000
6P dull violet --- 200,000
10P bistre brown --- 200,000

A group of stamps printed by the American Bank Note Company and issued on November 30, 1939.

A Large Die Proof on India Paper, die sunk on card with a blank value and die #80056 in dull blue exists. 1 copy known.

250,000 issued

A Large Die Proof on India Paper, die sunk on card in dull blue, die number 80063 is known. Only one copy reported.

150,000 issued.

80,000 issued with no varieties known to me.

60,000 issued with no varieties known to me.

A group of stamps printed by Waterlow and issued on January 1, 1940.

The set is known overprinted "Muestra" in black (specimen).

The values and quantities are:

50c deep orange --- 1,000,000
1P light red violet --- 1,000,000
3P bright green --- 1,000,000
5P chestnut --- 1,000,000
10P magenta --- 500,000
20P violet --- 150,000
50P cobalt blue --- 50,000
100P black --- 10,000

I am not aware of any varieties

A series of four stamps issued on May 14, 1940 (May 13 according to Gibbons) and printed by the American Bank Note Company.

A large Die Proof on India Paper, die sunk on card in deep red orange exists. One copy is known.

Issued in a quantity of 700,000.

Large Die Proof on India Paper, die sunk on card. Once copy known in deep red. Die #81165.

700,000 issued

I do not know of any varieties.

A group of four stamps, printed by Waterlow and issued on August 15, 1940.

An essay in turquoise green and red lilac is known.

500,000 issued

An essay in yellowish green and red brown is known.

A suposed scarce color variety, lemon yellow and red brown is known. (This has been shown to be a chemical forgery. It has had the blue color removed by an organic solvent.) Other varieties are: "S" of Pesos has a tail (position #9 on sheet); lemon yellow and red brown with "S" of Pesos having a tail.

500,000 issued

An essay in brown and ultramarine is known.

150,000 issued.

An essay in vermilion and black is known

150,000 issued

A memorial stamp was issued on September 7, 1940 on the death of President Estigarribia. THe quantity issued is not known, nor is the printer (probably the Government Printing Works.). I am not aware of any varieties.

A series of four stamps printed by the American Bank Note Company and issued on September 20, 1940.

500,000 issued and no varieties known.

A Large Die with blank value on India Paper, die sunk on card with die number 81142 is known in dusky green and in dusky red. Only one copy of each color has been reported. A Large die on India Paper, die sunk on card, die #81164, in dusky red is known. Again only one copy known.

500,000 issued and no varieties known

A Large Die on India Paper, die sunk on card in dusky green exists. One copy is known.

500,000 Issued and I am not aware of any varieties.

Large Die Proof on India, die sunk on card in dusky blue exists. Once copy is known.

500,000 issued. No varieties reported.