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10 bolivares 1976

America › South America › Venezuela
P-51e1976Banco Central de VenezuelaUNC
10 bolivares 1976 from Venezuela, P-51e (1976) — image 1
10 bolivares 1976 from Venezuela, P-51e (1976) — image 2

Market Prices

2 sales
Catalogue (2019)
VF$1.5
UNC$8
EF$14.992020-11-01(1 bid)
F$1.992012-05-19(1 bid)

About This Note

This is an exceptional example of the Venezuelan 10 Bolívares P-51e from 1976, presented in uncirculated condition with pristine printing quality and no visible wear. The note features striking purple and green coloration with dual portrait medallions of Simón Bolívar and Antonio José de Sucre flanking an ornate denomination frame, complemented by a reverse depicting the Monument to the Battle of Carabobo. As a product of the American Bank Note Company with strong security printing characteristics and dated January 27, 1976, this note represents an important piece of Venezuelan monetary history during a period of significant political and economic development.

Rarity

Common. This note is a regular issue from a major printing by American Bank Note Company during Venezuela's economically stable 1970s. The eBay price tracking data shows comparable notes (EF grade) selling for approximately $15, with UNC examples catalogued at $8 as of 2019 — prices consistent with common circulation-era banknotes from this period. The large print runs required to support Venezuela's economy during the oil boom years, combined with the straightforward commercial availability evidenced by multiple sales records, indicate this is a readily obtainable note for collectors.

Historical Context

This 10 Bolívares note was issued during the presidency of Carlos Andrés Pérez's first term (1974-1979), a period marked by Venezuela's oil boom and substantial economic growth following the 1973 OPEC oil embargo. The dual portraits of Simón Bolívar (the Liberator) and Antonio José de Sucre acknowledge Venezuela's founding heroes and the nation's independence legacy, while the reverse's Monument to the Battle of Carabobo commemorates the 1821 battle that secured independence from Spain. The note's sophisticated security printing by American Bank Note Company reflects Venezuela's modernization efforts and the Central Bank's commitment to contemporary currency standards during this prosperous decade.

Design

The obverse presents a dual-portrait design with Simón Bolívar depicted in military uniform with decorative insignia on the left side and Antonio José de Sucre in formal dress with high collar on the right side. Between the portraits sits an ornate baroque-style frame containing the denomination '10'. The color scheme employs purple as the dominant hue with green and lilac underprinting, creating visual depth and security value. The reverse features the Monument to the Battle of Carabobo as the central focal point, depicted with multiple statues and figures on a stepped platform, surrounded by period buildings and landscaping elements. A large ornate frame containing the denomination '10' appears on the left of the reverse, while a circular medallion displaying the Venezuelan coat of arms and national symbols anchors the right side. The elaborate border designs and intricate background pattern work throughout both sides demonstrate the sophisticated security printing standards of American Bank Note Company.

Inscriptions

FRONT SIDE: 'DIEZ' (Ten) / 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela) / 'CARACAS' (Caracas) / 'J17410387' (Serial number) / 'FECHA ENERO-27-1976' (Date: January 27, 1976) / 'DIEZ BOLIVARES' (Ten Bolivares) / 'PAGADERO AL PORTADOR EN NUESTRAS OFICINAS O EN BANCO' (Payable to bearer at our offices or in banks) / 'PRESIDENTE' (President) / 'PRIMER VICE-PRESIDENTE' (First Vice-President) / 'AMERICAN BANK NOTE COMPANY' (American Bank Note Company - printer) / 'SOBERANO-LIBERTADOR' (Sovereign-Liberator) / 'FISCAL SUCRE' (Fiscal Sucre). BACK SIDE: 'DIEZ' (Ten) / 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela) / 'DIEZ BOLIVARES' (Ten Bolivares) / 'REPUBLICA DE VENEZUELA' (Republic of Venezuela) / 'AMERICAN BANK NOTE COMPANY' (American Bank Note Company - printer).

Printing Technique

This note was produced using traditional intaglio (engraving) printing combined with multi-color offset lithography, which allowed for the complex color layering visible in the purple, green, and lilac underprint. American Bank Note Company, headquartered in New York, employed their proprietary security printing techniques including intricate microprint patterns and fine line work throughout the background to prevent counterfeiting. The sharpness of both the portrait work and the landscape engraving on the reverse, combined with the sophisticated security features and clean color separation visible in the examined specimen, indicates the highest quality engraved banknote production standards of the 1970s.

Varieties

This specific example is identified as P-51e based on the catalog data provided, with serial number prefix 'J' (J17410387) consistent with realbanknotes.com documentation for this variety. The date inscription 'ENERO-27-1976' (January 27, 1976) confirms this as a 1976 issue within the P-51e classification. PMG records indicate five variants exist for the base P-51 Pick number (P-51e, P-51f, and signature varieties P-51s1 through P-51s4), though P-51e represents the primary regular issue. The 7-digit serial number format with J prefix is characteristic of this variety.