Real Venezuelan Money ๐
What's up plebs?!
Meet the latest addition in my silver collection:
1 Bolivar from Venezuela, minted in 1936.
If memory serves me right, this is my second coin of the kind, as I had acquired a few bolivar coins of various denominations some years ago.
Eventually I'd like to make an excel with all my coins, it would come really handy to track these kinds of things. But it's one of those things I leave for "tomorrow" and the bigger the collection gets the less motivated I am to do that.
Here are some close ups:
Condition is pretty decent for an almost 100 years old coin.
FYI, it weighs 5 g and has a purity of 0.835 silver giving us 4,175 grams of pure silver. That's about 4.35 $, which is about the price I paid for it
Which means that in today's modern Bolivar, it's actually worth about 400 Bolivar.. I guess money ages well when it's backed by silver and not government toilet paper ๐๐
Ok plebs, this is it for today!
As always, see you soon with more shiny ๐ค
Fun Numismatics Posts
Enjoyed the post? Here is some more fun silver/numismatics themed content I have written in the past that you may enjoy:
- The country that uses plastic coins!
- My silver pocket piece
- My favorite piece from the stack
- The 10 Million Dollar Coin
- The Ten Thousand Dollar Bill ?!?!
- Biggest Gold Coin Ever
- A coin made of cardboard
- World's smallest gold coin
- World's First Flying Coin
- Manchukuo's Fiber Coins from 1945
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Probably you can buy a house there with this right now!
Lmao
Indeed a century old coin, but still good lookin!
Oh yes!
!pimp
Conditions are for sure good, and something that old is always welcome
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That's a nice Bolivar! I've got quite a few in the collection as well. That's in decent shape, and it has nice silver content and that's what counts!
!PIMP
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I'm not even Venezuelan but seeing old coins like that makes me want to learn more about their history. Coins really do have stories to tell!
Yes! They are great learning tools!
Very nice I see if I can get one !PIMP
You !pimp
Venezuela has real money??? ๐คฃ๐คฃ๐คฃ๐คฃ
!pimp
Had ๐
!pimp
Never came across a silver one. Neat!
Plenty places like ebay to find one :)
Yeah, but that's not cheap or free. I like my silver cheap or free! ๐คฃ
We have almost the same coin design here in my country
I liked your comment: "Money ages by silver, not government toilet paper." ๐ Literally a blow to modern monetary systems.
Que buena joya histรณrica tiene alli hermano, saludos desde Venezuela โก
The Venezuela currency has lost 14 zeros in less than 20 years, i.e. 1 new bolivar = 10^14 old bolivares, and currently 1US$ is more than 100 (new)Bs.
You see the devastating power of inflation.
The original bolivar was issued in the 1870's and the first time that the currency "lost zeros" was in 2008.
Inflation explained in one easy step;
1 1936 Silver Bolivar = 400 2025 Bolivars
Pretty much ๐
The price of their currency has inflated so much. At least that coin will maintain its value due to the silver.
The value of the coin is pretty nice
It sure is!
Ahhh Venezuelan money, easiest currency to become a trillionaire with :D
๐ ๐
Nice!!!
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