Venezuela 1936 1 bolivar

from the Acanthite collection

from the Acanthite collection

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 1936 one bolivar, minted in Philadelphia. On the obverse is a portrait of Simon Bolivar, as designed by Albert Barre. The denomination is shown on the reverse as GRAM.5.

Recorded mintage: 5,000,000.

Specifications: 5.0 g, 0.835 fine silver, 0.1342 oz ASW.

Catalog reference: Y 22.

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.

Link to:

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• return to Venezuela