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500 Pesos Bolivianos Independence

Issuer Bolivia
Year 1975
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Currency Peso boliviano (1963-1986)
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Obverse description The Bolivian national coat of arms is displayed prominently at center, depicting the oval shield with Cerro Rico, a llama, a breadfruit tree, and a rising sun, flanked by pairs of crossed cannons and rifles with bayonets, framed by laurel and olive branches and surmounted by the condor with outstretched wings. The commemorative dates 1825 and 1975 appear in the field to the left and right of the arms respectively. The circular legend REPUBLICA DE BOLIVIA arcs around the upper periphery, while SESQUICENTENARIO curves along the lower periphery, commemorating the 150th anniversary of Bolivian independence.
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Reverse description Conjoined busts of President Hugo Banzer Suárez and Liberator Simón Bolívar are depicted in right-facing profile, rendered in high relief. The denomination QUINIENTOS PESOS BOLIVIANOS and the face value $b500 appear in the legend and field. The inscriptions identify the two figures as PRESIDENTE BANZER and LIBERTADOR BOLIVAR, while the fineness LEY 0,933 and the national motto ORDEN • PAZ • TRABAJO (Order, Peace, Work) complete the reverse design.
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Additional information

Struck to mark 150 years of Bolivian independence, this issue belongs to a wave of commemorative silver coinage that Latin American governments produced heavily in the 1970s — largely targeting foreign collectors rather than domestic circulation. Bolivia's economy at the time was under significant strain from falling tin prices, making a 22-gram silver commemorative a notably incongruous object within the country's own borders.

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