Venezuela 1948 1/4 bolivar
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 5 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 1948 quarter bolivar, minted in San Francisco. 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 quarter the weight of a one bolivar coin.
Recorded mintage: 8,638,000.
Specifications: 1.24 g, 0.835 fine silver, 0.0336 troy oz ASW.
Catalog reference: Y 20.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.