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50 Bolívares

Issuer Banco de Venezuela
Year 1931-1939
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Reference(s) P#312
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Reverse lettering BANCO DE VENEZUELA
VENEZUELA
50
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Protection type Watermark
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Comments

Banco de Venezuela was a private commercial bank, not a central bank — it held note-issuing rights alongside several other Venezuelan institutions until the Banco Central de Venezuela was established in 1940. This 50 Bolívares note falls squarely in the final years of that pluralist arrangement, issued during the Gómez dictatorship and its immediate aftermath. Juan Vicente Gómez died in December 1935, mid-series.

The American Bank Note Company produced the plates in New York, as it did for the bulk of Venezuelan commercial bank issues throughout the early twentieth century. The watermark is the sole security feature — no threads, no fluorescent elements, nothing that would challenge a competent forger with access to reasonable paper stock.

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