Venezuela 1886 100 bolivares

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Ponterio sale 163, lot 22501
Stack's Bowers Auctions

Venezuela fully adopted a decimal coinage system in 1871, with 100 centavos = 1 venezuelano. By 1879, denominations were renamed centimos and bolivares, such that 100 centimos = 1 bolivar. A crown was equivalent to five bolivares. The official title of the country from 1864 was 'Estados Unidos de Venezuela', a name it would carry until 1953, when the constitution mandated a return to the name 'Republica de Venezuela'.

Shown is a 1886 100 bolivares, minted in Caracas. The denomination is shown on the reverse as GR.32,2580. It was lot 22501 in Stacks Bowers Auctions #96 (Baltimore, Nov 2011) where it sold for $1888. The catalog description[1] read: "VENEZUELA. 100 Bolivares, 1886. Normal date. Edge marks, cleaned. ALMOST UNCIRCULATED."

Recorded mintage: 4250.

Specifications: 32.258 g, 0.900 fine gold, 0.9334 oz AGW.

Catalog reference: Fr-2; Y-34.

Sources:

  • 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]Ponterio, Richard, Ponterio sale 163: The November 2011 Baltimore Auction, Irvine, CA: Stack's Bowers LLC, 2011.

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