Venezuela 1936 1/4 bolivar

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Stack's Bowers 2022 NYINC sale, lot 8527
SB122-8527r.jpg

This specimen was lot 8527 in Stack's Bowers NYINC sale (New York, January 2022), where it sold for $144. The catalog description[1] noted, "VENEZUELA. 1/4 Bolivar (25 Centimos), 1936. Philadelphia Mint. NGC MS-65. This nicely preserved Gem survivor exhibits a crisp design features, lustrous satiny surfaces and a thin veneer of tone that imparts an original appearance. From the Centuria Collection." Venezuela adopted a complete decimal coinage system in 1871, with 100 centavos = 1 venezuelano. By 1879, denominations were renamed centimos and bolivares, such that 100 centimos = 1 bolivar. The peso sized coin 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'. The silver issues did not possess the name of the denomination. Instead, the weight of the coin and silver fineness is listed on the side with the coat of arms. This type was struck 1879-1948, the only one to carry on unmodified after World War Two.

Recorded mintage: 2,800,000, a common date.

Specification: 1.25 g, 0.835 fine silver.

Catalog reference: KM-Y20; Stohr-60.

Source:

  • 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]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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