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1 Bolívar
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1989-1990 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Y#52a.1, Y#52a.2, NCV#mv1bs-db |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
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| Reverse description | The reverse presents a bare-headed left-facing portrait bust of Simón Bolívar, rendered in high relief with carefully detailed hair swept back from the forehead in a naturalistic neoclassical style, after the engraving by A. Barre. The legend BOLIVAR arcs along the upper left periphery and LIBERTADOR along the upper right, separated by the field on either side of the effigy. The engraver's signature BARRE appears in small capitals at the base of the bust near the lower rim. A beaded border encircles the entire design. |
| Reverse script | Latin |
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| Edge | Log in to see details |
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| Additional information |
Venezuela switched from nickel to nickel-clad steel for this denomination in 1989 largely because the intrinsic metal value of the older coins had crept uncomfortably close to their face value — a fiscal pressure that affected numerous Latin American mints during the commodity volatility of the 1980s. The timing also coincided with a severe economic deterioration under President Carlos Andrés Pérez, whose second administration inherited an economy crippled by falling oil revenues and a currency that had lost roughly half its value against the dollar since 1983.
The two catalog variants (Y#52a.1 and Y#52a.2) reflect minor die differences documented by specialists rather than any deliberate policy change.