100 Bolívares

Banco de Venezuela was a private commercial bank operating under government concession, not a central bank — Venezuela wouldn't establish a true central bank until 1940. These early issues functioned as de facto national currency precisely because no state-issued alternative existed. The American Bank Note Company in New York handled the printing, as was common for Latin American commercial banks of the period that lacked domestic high-security printing facilities.

The 1916–1921 dating span reflects reissues from the same plate series rather than distinct design changes. Notes payable at the Caracas office; branch-payable variants exist for Maracaibo and other cities and carry meaningful premium over the standard issue.