Venezuela 1900 1/4 bolivar

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Sedwick sale 7, lot 1779

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'. Silver fractionals and multipules of bolivares 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.

Shown is a 1900 quarter bolivar, minted in Paris (with privy mark only). The obverse features the portait of Simon Bolivar, recognized as liberator of the Venezuelans from rule by the Spanish. The reverse features the coat of arms, and the denomination written as GR.1.250, which is one quarter the weight of a one bolivar coin. The specimen shown went unsold as lot 1779 on Apr 9, 2010 at an auction by Daniel Frank Sedwick LLC. The catalog description reads: "Venezuela, 1/4 bolivar, 1900, encapsulated PCGS AU-55. Subtly lustrous, with light toning around details."

Recorded mintage: 407,000.

Specifications: 1.24 g, 0.835 fine silver, 0.0336 ASW.

Catalog reference: KM Y20.

Sources:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.

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