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8 Reales
| Issuer | República de Venezuela |
|---|---|
| Year | 1860 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Cotton paper |
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| Obverse description | Plain typeset note on cream-toned paper, with the denomination '8 Reales' printed in large numerals at left and right margins. The centre carries a heading 'REPÚBLICA DE VENEZUELA' above a multi-line legislative text referencing the Decreto del Poder Ejecutivo of 1 de Agosto and the Resolución of 18 de Septiembre de 1860, with an authorized emission figure of $1,000,000. Signature lines for two officials appear in the lower portion, with folio and serial number fields at upper left and upper right respectively. |
|---|---|
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| Reverse description | Largely plain reverse on worn cream paper with no central vignette or printed text design, save for a small handstamp in blue-green ink at the lower right quadrant, likely an administrative or validation seal applied in circulation. |
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| Comments |
Venezuela's 1860 8 Reales note exists at an awkward monetary crossroads. The country had officially adopted a decimal system, yet the reales denomination persisted in circulation well into the 1860s because the rural population, particularly in the interior provinces, continued to transact in the old colonial unit. This note was a practical concession to that reality rather than a deliberate policy choice.
Pick 24 is genuinely rare in any condition — surviving examples are few, and the cotton substrate used by Venezuelan issuers of this period is prone to the kind of edge deterioration that affects value sharply at auction.