Catalog
1 Bolívar
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2007-2012 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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|---|---|
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| Reverse script | Latin |
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| Edge | Log in to see details |
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| Mintage | 2007 - Variant 1, Type A: Top of `1` below `A` and brilliant finish. - 2007 - Variant 2, Type A: Top of `1` below `A` and matte finish. - 2007 - Variant 3, Type B: Top of `1` at right of `A` and brillant finish. - 2007 - Variant 4, Type B: Top of `1` at right of `A` and proof-like finish. - 2009 - - 2012 - magnetic (large letters on edge, UC# 3) - |
| Additional information |
This coin belongs to the "Bolívar Fuerte" series introduced in January 2008, when Venezuela redenominated its currency by lopping three zeros off the old bolívar — a response to inflation that had been grinding through the economy for years. The irony was immediate: the Fuerte itself began depreciating almost from the moment of issue, and by the early 2010s the purchasing power of a 1 Bolívar coin had become effectively theoretical.
Banco Central de Venezuela contracted Casa de Moneda de Venezuela in Maracay for production, though some years saw additional striking abroad to meet demand.