Pick S165, Series A, First Issue. El Banco Del Paraguay Y Rio De La Plata. PMG states “Body Of Note Unaffected By Issues In Selvage / Staple Holes”. Two staple holes in the Upper Left corner. Very well-centered, crisp, and bright. RARE antique banknote. Pick (12th) notes a Proof, but no Specimens. (PMG population report shows this is the ONLY ONE of this note graded.)