Venezuela 1948 5 centimos
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 = 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 1948 five centimos, minted in Philadelphia. The obverse features the coat of arms, with the denomination enclosed by a wreath on the reverse. The second specimen was lot 34660 in Heritage sale 3042 (Long Beach, September 2015), where it sold for $352.50. The catalog description noted, "Republic 5 Centimos 1948 MS67 NGC. A coin with dazzling luster. Tied for the finest graded at NGC."
Recorded mintage: 18,000,000.
Specifications: 2.4 g, copper-nickel, 19.1 mm diameter.
Catalog reference: KM Y29a.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.