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10 Bolívares

Issuer Banco Central de Venezuela
Year 1952
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description Purple intaglio printing over a multicolour guilloche underprint, with portrait vignettes of Simón Bolívar at left and Antonio José de Sucre at right flanking a central text panel bearing the denomination and issuer details. The legend BANCO CENTRAL DE VENEZUELA arches across the top with CARACAS below, while the face value appears in letters at all four corners and in numerals and letters at centre. A seven-digit serial number with a single-letter prefix is printed in black at upper left and upper right, with two manuscript signatures and their respective titles at lower left and lower right, and the issuing date at lower right.
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Reverse description Printed in purple intaglio over a multicolour guilloche underprint, the reverse carries the Venezuelan coat of arms at right, a vignette of the Monumento a la Patria (Motherland Monument) at centre, and a large bold numeral 10 at left. The legend BANCO CENTRAL DE VENEZUELA runs across the top, the denomination in letters appears at all four corners and in full text at lower centre, and the printer's imprint is placed along the bottom margin.
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Venezuela's Banco Central issued this note during the Marcos Pérez Jiménez dictatorship, a period when oil revenues were transforming the country's economy at a pace that outstripped the existing currency supply. The peso-era monetary architecture was still being rationalized, and De La Rue was handling the bulk of Venezuelan note production throughout the early 1950s as successive series were commissioned in quick succession.

P#38 is frequently confused with the closely related P#35 and P#36 issues from the same printer; the distinguishing details are in the serial prefix blocks and signature combinations, which changed as the Banco Central's board turned over under political pressure.