Catalog
10 Bolívares
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1988 |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE VENEZUELA 10 Noviembre-3-1988 DIEZ BOLÍVARES PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO 10 (Translation: Central Bank of Venezuela November 3rd., 1988 Ten Bolivares Payable to the bearer in the bank offices) |
| Reverse description | Violet intaglio printing on a guilloche underprint with a frame-like border. The central vignette presents the Monument to Carabobo by Antonio Rodríguez del Villar, commemorating Bolívar's decisive victory of 24 June 1821. The denomination numeral '10' appears at left and the national Coat of Arms at right, with 'BANCO CENTRAL DE VENEZUELA' along the top, 'DIEZ BOLÍVARES' along the bottom, and the value word 'DIEZ' repeated in each corner. |
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| Comments |
By 1988, Venezuela was deep into the fiscal stress that preceded the Caracazo — the February 1989 social explosion triggered by IMF-mandated austerity and fuel price hikes. Notes from this period circulated hard and fast as purchasing power eroded. The 10 Bolívar denomination, once meaningful, was losing ground to inflation that would within a few years make it essentially worthless in everyday transactions.
ABNC had printed Venezuelan issues for decades by this point, a relationship going back well before the BCV's mid-century note reforms. The watermark is the sole security concession on this paper — no thread, no UV features.