Venezuela 1905 5 bolivares

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Stack's Bowers 2019 Collector's Choice sale, lot 72931
Venezuela SB1019-72931r.jpg

This specimen was lot 72931 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, October 2019), where it did not sell. The catalog description[1] noted, "VENEZUELA. 5 Bolivares, 1905. Paris Mint. PCGS Genuine--Cleaned, AU Details Gold Shield. From a rather small issue of 300,000 examples, this date is difficult to encounter in any grade, especially those with less circulation such as the present piece. Some light cleaning is evident, though it remains an attractive representation of the type. Compare to an NGC AU-55, which realized a hammer of $4,000 in 2015." Venezuela fully adopted a decimal coinage system in 1871, with 100 centavos = one venezuelano. In 1879, denominations were renamed centimos and bolivares, such that 100 centimos = one 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 1905 five bolivares, minted in Paris. The denomination is shown on the reverse as GR.25,000.

Recorded mintage: 300,000.

Specifications: 25 g, 0.900 fine silver, 0.7234 oz ASW.

Catalog reference: KM Y24.2.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The October 2019 Collector's Choice Sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2019.

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