Catalog
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| Issuer | Venezuela |
|---|---|
| Year | 1930 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Bolivar (1879-2007) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Mintage | 1930 |
| Additional information |
The 1930 gold issue coincides with the centenary of Simón Bolívar's death, which Gómez exploited as a nationalistic spectacle while running Venezuela as a personal fiefdom. He had held power since 1908, alternating between the presidency and the army command to maintain legal fictions of constitutional rule. By 1930 Venezuela's oil revenues — Maracaibo production had made the country one of the world's top exporters by the mid-1920s — gave the regime both the hard currency and the political motive to strike prestige gold coinage.
Gómez died in office in December 1935, still in power after 27 years.