Venezuela 2008 bolivar
This specimen was lot 8504 in Stack's Bowers NYINC sale (New York, January 2022), where it did not sell. The catalog description[1] noted, "VENEZUELA. Gold Bolivar, 2008. Valcambi Mint. NGC PROOF-69 Ultra Cameo. Variety struck in Gold (the regular issue is bi-metallic), to commemorate the reconversion of the Bolivar monetary unit. A brilliant and attractive proof, with hard mirrored fields and frosted cameo devices. Free of tone, haze, or fog. From the Centuria Collection." In 1983, the Venezuelan government removed the peg between the bolivar and the dollar. Political instability and the excesses of the Chavista regime have accelerated inflation. The Bolivar Fuerte was equal to 1,000 Bolivares when it was created in 2008. The Bolivar Soberano was equal to 100,000 Bolivares Fuertes when it was created in 2018. The bimetallic coin (KM Y93) is listed for 2007, 2009 and 2012.
Recorded mintage: 2,800.
Specification: the regular issue is 8.04 g, bi metallic (copper-nickel center in aluminum bronze ring).
Catalog reference: cf.KM-Y93 (unlisted date).
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
- 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.
- [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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