Venezuela 1911 5 bolivares
Venezuela fully adopted a decimal coinage system in 1871, with 100 centavos = one 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 1911 five bolivares, minted in Paris. Date varieties exist. The denomination is shown reverse as GR.25,000. This specimen was lot 1716 in Ponterio sale 173 (New York, January 2013), where it sold for $4,847. The catalog description noted, "VENEZUELA. 5 Bolivares, 1911. Dipped. BRILLIANT UNCIRCULATED." It is not listed in the SCWC as a rare date.
Recorded mintage: 1,104,000.
Specifications: 25 g, 0.900 fine silver, 0.7234 oz ASW.
Catalog reference: KM Y24.2.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.