Venezuela 1912 1/2 bolivar Torch Under

From CoinVarieties
Jump to navigation Jump to search
from the Acanthite collection
from the Acanthite collection
from the Stack's Bowers 2018 NYINC sale, lot 25082
Venezuela SB118-25082r.jpg
from the Mountain Groan Collection
Venezuela 1912 medio bolivar rev DSLR.jpg

Venezuela fully adopted a decimal coinage system in 1871, with 100 centavos = one venezuelano. By 1879, denominations were renamed centimos and bolivares, such that 100 centimos = one 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 1912 half bolivar, minted in Paris (torch privy mark). The denomination is shown on the reverse as GR.2,500. The second specimen was lot 25082 in Stack's Bowers NYINC sale (New York, January 2018), where it sold for $504. The catalog description[1] noted, "VENEZUELA. 1/2 Bolivar (50 Centimos or 2.500 Grammos), 1912. NGC AU-55. Good strike with light attractive tone, underlying soft satin luster and quite attractive."

Recorded mintage: 1,920,000.

Specifications: 2.5 g, 0.835 fine silver, 0.0671 troy oz ASW.

Catalog reference: Y 21.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th 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, Kyle Ponterio, John Kraljevich and Cris Chatigny, The January 2018 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Eldorado Collection of Colombian and Ecuadorian Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.

Link to:

Retrieved from "https://coinvarieties.com/index.php?title=Venezuela_1912_1/2_bolivar_Torch_Under&oldid=575230"