100 Bolívares

The Banco Comercial de Maracaibo was one of a handful of regional Venezuelan banks that retained note-issuing privileges well into the twentieth century, long after most Latin American countries had centralized currency authority. This note dates from the early 1930s, when Venezuela's oil revenues were already transforming the economy but the Banco Central de Venezuela had not yet been established — that came in 1940, effectively ending the commercial banks' right to issue.

American Bank Note Company printed for Maracaibo across several denominations during this period. The 100 Bolívares was the highest circulating value in the series, and surviving examples in any condition are scarce relative to lower denominations.