

This is a Venezuelan 20 Bolívares specimen note dated April 11, 1972, issued by the Banco Central de Venezuela and printed by the American Bank Note Company. The note is in UNC condition with clear red 'MUESTRA SIN VALOR' (Specimen No Value) overprints and characteristic specimen punch holes, featuring a striking portrait of Simón Bolívar in military dress on the obverse and the Monument to the Battle of Carabobo on the reverse. The exceptional condition and specimen designation make this a notable item for collectors of Venezuelan currency and ABNC security printing.
Common. This is a regular issue 20 Bolívares note from 1972, with no indication of limited print runs or recall status. The eBay market data confirms commonality, with VF specimens selling for $7.99–$14.50 and catalog values (2019) listing UNC at $12.50, indicating steady but modest collector demand typical of common 20th-century banknotes. Specimen notes are more collectible than regular circulation issues, but this Pick number shows no signs of scarcity. The specimen designation adds modest premium value over equivalent circulated regular issues.
This 1972 specimen represents the Banco Central de Venezuela's regular currency issue during the early 1970s, a period of relative economic stability in Venezuela. The obverse features Simón Bolívar, the Liberator (Bolívar Libertador), whose legacy was central to Venezuelan national identity and currency design. The reverse depicts the Monument to the Battle of Carabobo, a significant site in Venezuelan independence history, reinforcing the nation's revolutionary heritage and sovereignty themes during this post-colonial era.
The obverse features a portrait of Simón Bolívar, the Venezuelan independence hero, depicted in military uniform with decorative collar and epaulettes, positioned on the right side of the note and labeled 'Bolívar Libertador.' The design incorporates elaborate ornamental frames, geometric lattice patterns, and floral scrollwork throughout, with the denomination prominently displayed. The reverse depicts the Monument to the Battle of Carabobo (Monumento a la Independencia en los Campos de Carabobo), showing a tall monument with a statue atop, set in a landscaped plaza with cypress trees and architectural elements. The Venezuelan coat of arms appears on the left side of the reverse. Both sides feature intricate security borders and decorative elements characteristic of high-security banknote design. The dominant color palette includes dark green on multicolor underprint with pink/rose, black, and red accents.
FRONT: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), 'VEINTE BOLIVARES' (Twenty Bolivares), 'CARACAS' (Caracas), 'FECHA ABRIL 11-1972' (Date April 11, 1972), 'MUESTRA SIN VALOR' (Specimen No Value), 'BOLÍVAR LIBERTADOR' (Bolívar the Liberator), 'PRESIDENTE' (President), 'PRIMER VICE-PRESIDENTE' (First Vice-President), 'PAGADEROS AL PORTADOR EN MAQUINAS DEL BANCO' (Payable to bearer at bank machines), 'AMERICAN BANK NOTE COMPANY' (printer identification). BACK: 'BANCO CENTRAL DE VENEZUELA' (Central Bank of Venezuela), 'VEINTE BOLIVARES' (Twenty Bolivares), 'MUESTRA' (Specimen), 'REPÚBLICA DE VENEZUELA' (Republic of Venezuela), 'INDEPENDENCIA' (Independence), 'FEDERACIÓN' (Federation), 'AMERICAN BANK NOTE COMPANY' (printer identification).
Intaglio (engraved) printing by the American Bank Note Company, New York. The note exhibits characteristic fine-line engraving with exceptional detail in the portrait, monument depiction, and ornamental border work. Multi-color printing technique with precise color registration is evident throughout. Security features include intricate geometric lattice patterns, ornate border designs, and fine-line work that would be difficult to counterfeit. The watermark features the portrait of Simón Bolívar. The red specimen overprints appear to be applied as a separate printing step.
This note is cataloged as P-52bs, the specimen variety of P-52. The 's' suffix indicates specimen status, confirmed by the red 'MUESTRA SIN VALOR' overprints and punch holes visible on both sides. The visual analysis shows a serial number prefix area and signature lines for 'PRESIDENTE' and 'PRIMER VICE-PRESIDENTE,' though specific signatures are not legible in the images provided. The PMG population report indicates one variant exists for this base Pick number. The date of April 11, 1972 is consistent with the 1971–1972 issue period documented in external references. The note was printed by American Bank Note Company (ABNC) as indicated by the printer attribution on both sides.