Real Venezuelan Money ๐Ÿ™ƒ

What's up plebs?!

Meet the latest addition in my silver collection:



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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:



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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 ๐Ÿ™ƒ๐Ÿ˜…

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Ok plebs, this is it for today!

As always, see you soon with more shiny ๐Ÿค‘



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:

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36 comments
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You received an upvote of 91% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

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hope this leader support us. Sir i am new here please guide me and support me. For earning

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Conditions are for sure good, and something that old is always welcome

!PIZZA

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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!

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Venezuela has real money??? ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ
!pimp

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Never came across a silver one. Neat!

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Plenty places like ebay to find one :)

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Yeah, but that's not cheap or free. I like my silver cheap or free! ๐Ÿคฃ

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We have almost the same coin design here in my country

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I liked your comment: "Money ages by silver, not government toilet paper." ๐Ÿ˜‚ Literally a blow to modern monetary systems.

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Que buena joya histรณrica tiene alli hermano, saludos desde Venezuela โšก

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(Edited)

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.

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The price of their currency has inflated so much. At least that coin will maintain its value due to the silver.

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