Back to collection

10 bolivares 1977 specimen

America › South America › Venezuela
P-51fs1977Banco Central de VenezuelaUNC
10 bolivares 1977 specimen from Venezuela, P-51fs (1977) — image 1
10 bolivares 1977 specimen from Venezuela, P-51fs (1977) — image 2

Market Prices

Catalogue (2019)
VF$2.5
UNC$12.5

About This Note

This is a 1977 specimen note from the Banco Central de Venezuela, featuring a striking purple and lavender color scheme with dual portrait medallions of Simón Bolívar and Antonio José de Sucre on the obverse. The reverse displays an intricately engraved monument to the Battle of Carabobo with equestrian and standing figures. As an uncirculated specimen (marked 'MUESTRA' in red), this note exhibits pristine condition with sharp printing, fine line engraving details, and the characteristic specimen punch holes, making it a desirable example for collectors of Venezuelan currency.

Rarity

Common. While this is a specimen note (marked 'MUESTRA' with punch holes), the P-51 series was issued in substantial quantities between 1971-1979, and specimen notes were routinely distributed to banks and collectors. The eBay market data shows UNC examples trading between $12.50-$129.00 USD with a catalogue value of $12.50 UNC (2019), indicating solid collector demand but abundant supply. The 1977 date falls within the standard circulation period, and specimen notes from major international printers like ABNC were produced in considerable numbers. This note's value is moderate rather than premium, reflecting its common status despite its specimen designation and excellent condition.

Historical Context

This note commemorates two crucial figures in Venezuelan independence: Simón Bolívar, the Liberator, and Antonio José de Sucre, his trusted military commander and first president of Gran Colombia. The reverse's depiction of the Monument to the Motherland on Carabobo Fields honors the decisive 1821 battle that secured Venezuelan independence from Spanish colonial rule. Issued during the stable oil-export era of the Banco Central de Venezuela's governance, this 1977 specimen represents a period of monetary confidence in Venezuela before later economic challenges.

Design

The obverse features two prominent portrait medallions in ornate frames: Simón Bolívar (El Libertador) on the left in military uniform with decorative collar, and Antonio José de Sucre (Mariscal Sucre) on the right in formal military dress. The center displays an elaborate decorative frame containing the denomination '10' with fine geometric star designs marked 'DIEZ' in all four corners. The reverse showcases a detailed engraving of the Monument to the Motherland (Monumento a la Patria) on Carabobo Fields, depicting an equestrian statue of a liberation hero mounted atop a sculptural pedestal with standing figures and architectural elements, surrounded by vegetation and trees. Both sides employ intricate scrollwork, filigree borders, and ornamental frames. The color palette of purple and lavender with green tints, black line work, and white highlights creates a sophisticated numismatic presentation characteristic of high-security banknote design.

Inscriptions

FRONT: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), 'CARACAS' (Caracas - capital city), 'DIEZ' (Ten), 'DIEZ BOLIVARES' (Ten Bolivares), 'BOLIVAR-LIBERTADOR' (Bolivar the Liberator), 'MARISCAL SUCRE' (Marshal Sucre), 'MUESTRA' (Specimen), 'FECHA JUNIO-7-1977' (Date: June 7, 1977), 'PRESIDENTE' (President), 'PRIMER VICE-PRESIDENTE' (First Vice President), 'PARECEDEROS AL PORTADOR EN LAS OFICINAS DEL BANCO' (Payable to bearer at the offices of the bank), 'AMERICAN BANK NOTE COMPANY' (printer identification). BACK: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), 'REPUBLICA DE VENEZUELA' (Republic of Venezuela), 'DIEZ BOLIVARES' (Ten Bolivares), 'DIEZ' (Ten), 'MUESTRA' (Specimen), 'AMERICAN BANK NOTE COMPANY' (printer identification).

Printing Technique

Intaglio line engraving produced by the American Bank Note Company (ABNC), New York, as identified in the printer's imprint. The note exhibits characteristics of classical steel plate engraving: fine line work, intricate geometric patterns, detailed portraiture with subtle shading through parallel lines, ornate decorative elements, and complex background patterns. The sharpness of detail visible throughout—particularly in the monument rendering, portrait work, and scrollwork—demonstrates the precision of intaglio printing. Security features include fine-line geometric designs and the complexity of the overall composition, which would have been difficult to replicate with contemporary counterfeiting technology.

Varieties

This specimen note is catalogued as P-51fs (the 's' suffix indicating specimen status). The PMG population report identifies at least five variants for this base Pick number: P-51f (regular issue) and four specimen variants (P-51s1 through P-51s4), suggesting variations exist among specimen printings. The visual analysis indicates this note bears the date 'JUNIO-7-1977' and displays official signatures of the bank's president and first vice president. The serial number format appears to be 7-digit with possible prefix (realbanknotes reference mentions 'U-A' prefix on some examples), though this specimen shows standard '00000000' specimen serial numbering. Without access to complete variant documentation, this appears to be one of the documented P-51s varieties, likely P-51s2 or P-51s3 based on the 1977 date, though definitive variety attribution would require comparison with grading service records.