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10 bolivares 1972 specimen

America › South America › Venezuela
P-51bs1972Banco Central de VenezuelaUNC
10 bolivares 1972 specimen from Venezuela, P-51bs (1972) — image 1
10 bolivares 1972 specimen from Venezuela, P-51bs (1972) — image 2

Market Prices

Catalogue (2019)
VF$2.5
UNC$12.5

About This Note

This is a 1972 specimen note of the 10 Bolivares issued by Banco Central de Venezuela, printed by the American Bank Note Company. The note displays the characteristic purple and lavender color scheme with two portrait medallions (Simón Bolívar and Antonio José de Sucre) and features the iconic Monument to the Motherland on the reverse. The uncirculated condition with clear 'MUESTRA' specimen overprints and characteristic punch holes makes this an excellent example of Venezuelan mid-century currency design.

Rarity

Common. This note belongs to the regular 1971-1979 series (P-51 group) with substantial print runs. Market evidence from the referenced eBay price tracking shows UNC specimens selling in the $12.50-$14.24 range as of 2019, with catalog values at $12.50 UNC. The relatively modest pricing and regular availability in the secondary market indicate this is a common issue despite its age. Specimen notes with punch holes and overprints are slightly more specialized than regular circulation notes but remain readily available to collectors.

Historical Context

This note was issued during the 1971-1979 series under the Central Bank of Venezuela and depicts two key figures in Venezuelan independence: Simón Bolívar (El Libertador) and Marshal Sucre. The reverse features the Monument to the Battle of Carabobo, commemorating Venezuela's crucial 1821 victory in the independence struggle. The specimen marking and April 1972 date indicate this was a trial or presentation piece prepared for approval before full circulation production.

Design

The front features portraits of Simón Bolívar (left) in military dress with medals and decorations, and Marshal Antonio José de Sucre (right) in formal military attire with collar insignia, positioned within ornate oval medallion frames. The center displays elaborate scrollwork with the denomination '10' prominently featured. The back showcases the Monument to the Battle of Carabobo, depicted as an equestrian or standing figure on an elevated pedestal surrounded by landscaping and vegetation. The Venezuelan national coat of arms appears in a circular frame on the right side of the reverse. The entire design is executed in purple and lavender with intricate guilloche patterning, fine line engraving, and ornate floral and scroll decorative elements throughout, consistent with high-security banknote design of the era.

Inscriptions

FRONT: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), 'CARACAS' (Caracas), 'DIEZ' (Ten), 'DIEZ BOLIVARES' (Ten Bolivares), 'MUESTRA' (Specimen), 'FECHA ABRIL-11-1972' (Date April 11, 1972), 'PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO' (Payable to bearer at the offices of the bank), 'PRESIDENTE' (President), 'PRIMER VICE-PRESIDENTE' (First Vice-President), 'AMERICAN BANK NOTE COMPANY' (American Bank Note Company), 'BOLIVAR-LIBERTADOR' (Bolivar - Liberator), 'ARISCAL SUCRE' (Marshal Sucre). BACK: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), '10' and 'DIEZ' (Ten, repeated in decorative cartouches), 'DIEZ BOLIVARES' (Ten Bolivares), 'MUESTRA' (Specimen), 'AMERICAN BANK NOTE COMPANY' (American Bank Note Company), 'INDEPENDENCIA' (Independence), 'REPUBLICA DE VENEZUELA' (Republic of Venezuela).

Printing Technique

Intaglio engraving and letterpress, as indicated by the fine line work, elaborate guilloche patterns, and sharp detail visible in both portraits and decorative elements. The note was printed by the American Bank Note Company, New York, a renowned security printer. The complex interlocking designs, oval portrait frames, and intricate background patterns are characteristic of intaglio security printing. The specimen punch holes and red 'MUESTRA' overprint were applied as secondary finishing processes.

Varieties

This is specifically cataloged as P-51bs (specimen variant). The PMG population report indicates multiple specimen varieties exist for this base Pick number (P-51s1 through P-51s4 identified, plus P-51f for regular issues). Based on visual analysis, this note displays the characteristic specimen markings: red 'MUESTRA' diagonal overprint, two circular punch holes, red serial numbers showing '00000', and a specimen issue date of April 11, 1972. The red 'MUESTRA' stamp and specimen-specific serial numbering distinguish this from regular circulation examples. No unique signature variants or serial number prefixes are noted that would indicate a rarer sub-variety.