Venezuela 1843 centavo

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from the Stack's Bowers 2022 NYINC sale, lot 2382
SB122-2382r.jpg

This specimen was lot 2382 in Stack's Bowers NYINC sale (New York, January 2022), where it did not sell. The catalog description[1] noted, "VENEZUELA. Centavo, 1843. London Mint. NGC AU-58. Briefly circulated, the surfaces remain well-defined and pleasingly smooth with rich reddish-brown coloration over both sides. For the collector interested in die varieties, an interest die crack is noted within the upper portions of Liberty's cap. From the Centuria Collection." Venezuela first attempted a decimal coinage in the 1840's with the introduction of copper ¼, ½ and one centavos struck in England. Another reform was tried 1873-76 with 100 centavos = one venezolano. This was abandoned in 1879 with a new issue more closely matching the system of the Latin Monetary Union, with one bolivar = one French franc. That system obtained until the end of silver coinage in the 1960's. This type was struck at London in 1843. Later issues of the 1850's were of reduced weight.

Recorded mintage: 480,010 plus proofs.

Specification: 12.1 g, copper, 32 mm diameter.

Catalog reference: KM-Y3.1; Stohr-18.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Stohr, Tomas, El Circulante en la Capitania General de Venezuela, Caracas, Banco Central de Venezuela, 1998.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The 2022 NYINC Sale: World and Ancient Coins, featuring the Mark and Lottie Salton Collection and the Pat Johnson Collection, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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