Venezuela 1888 100 bolivares
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 1888 100 bolivares, minted in Caracas. The denomination is shown on the reverse as GR.32,2580. It was lot 22504 in Ponterio sale 163 (Baltimore, Nov 2011) where it sold for $1,888. The catalog description[1] read: "VENEZUELA. 100 Bolivares, 1888. Several edge bumps, cleaned. ALMOST UNCIRCULATED."
Recorded mintage: 32,000.
Specifications: 32.258 g, 0.900 fine gold, 0.9334 oz AGW.
Catalog reference: Fr-2; Y-34.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
- Stohr, Tomas, Catalogo de Monedas, Ensayos, Fichas y Resellos de Venezuela, Caracas, 1975.
- [1]Ponterio, Richard, Ponterio sale 163: The November 2011 Baltimore Auction, Irvine, CA: Stack's Bowers LLC, 2011.
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