Catalog
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| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1986 |
| Type | Fantasy banknote |
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| Composition | Log in to see details |
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| Obverse description | Violet intaglio over turquoise underprint. Portrait vignettes of Simón Bolívar at left and Antonio José de Sucre at right flank the central face value numeral; issuer title across top, denomination in words at all four corners and below center. Eight-digit serial numbers with single-letter prefix in black at upper left and right; two black manuscript signatures with printed titles in lower panel; date at lower center-right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Violet letterpress. Central vignette shows the Monument to Carabobo; Venezuelan coat of arms at right. Issuer title runs across the top; face value numeral at left, denomination in words at all four corners and below the central vignette. |
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| Comments |
Venezuela's oil revenues collapsed in 1983 when the bolívar was devalued sharply under RECADI, the foreign exchange control system that created a multi-tiered rate structure and rampant arbitrage. By 1986, inflation was accelerating and the 10 bolívar note — once a meaningful denomination — was losing ground fast. Within a few years it would be rendered functionally useless by the hyperinflationary spiral of the late 1980s and early 1990s.
The note was printed by the American Bank Note Company, a long-standing arrangement for Venezuelan issues of this period.