Banknotes from the Banco Central de Venezuela : 1 Bolívar : Octubre 05 1989 : Design A, Type A

Banco Caracas Banco Central de Venezuela Banco Colonial Británico Banco Comercial Banco Comercial de Maracaibo Banco de Carabobo Banco de Carácas Banco de Londres y Venezuela Banco de Maracaibo Banco de Venezuela

Banco de Venezuela (first) Banco Mercantil y Agrícola Banco Nacional de Venezuela Banco Venezolano de Crédito Billete de Tesorería Compañía de Accionistas Compañía de Crédito Distrito Federal Estado de Guayana Estados Unidos de Venezuela

Ministerio de Sanidad y Asistencia Social República de Venezuela

Bolívar Bolívar Digital Bolívar Fuerte Bolívar Soberano

1 Bolívar 2 Bolívares 5 Bolívares 10 Bolívares 20 Bolívares 50 Bolívares 100 Bolívares 500 Bolívares 1000 Bolívares 2000 Bolívares

5000 Bolívares 10,000 Bolívares 20,000 Bolívares 50,000 Bolívares

Obverse

Photo from piece bbcv1bs-aa01r: Design A, Type A. Date Octubre 05 1989. Serie X8. Replacement banknote
Photograph credits: Edwin Vandenbergh

Reverse

Photo from piece bbcv1bs-aa01r: Design A, Type A. Date Octubre 05 1989. Serie X8. Replacement banknote
Photograph credits: Edwin Vandenbergh

Obverse (under ultraviolet light)

Photo from piece bbcv1bs-aa01-a8: Design A, Type A. Date Octubre 05 1989. Serie A8
Photograph credits: Numismatic Catalog of Venezuela

Reverse (under ultraviolet light)

Photo from piece bbcv1bs-aa01-a8: Design A, Type A. Date Octubre 05 1989. Serie A8
Photograph credits: Numismatic Catalog of Venezuela

Characteristics

Date: Octubre 05 1989
Identification by Sergio Sucre: 1A
Size: 115mm x 55mm. The size is smaller than regular size of 156 x 69 mm (6.14 x 2.72 in.)
General: Dark blue printing with blue-violet variations underprint.
Obverse: On the right, image of 1 Bolívar coin. In the center, the payment clause "PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO" «Payments to the Bearier in the Offices of the Bank». On the left, the value "1", with a serial number below. On the top left, the issuer name "BANCO CENTRAL DE VENEZUELA" «Central Bank of Venezuela». On the bottom, the denomination in words "UN BOLIVAR".
Reverse: In the center, the denomination in words "Un Bolívar". On the left, Coat of Arms. On the right, a guilloche. In each corner the value "1".
Common name: This banknote, with the 2 Bolívares banknotes was also known with the popular name of "Tinoquito", in honor of the president of the Central Bank of Venezuela by then. Another popular name was "Monopolio", derived by similar size and paper quality of the popular game "Monopoly".
Circulation note: Theses banknotes were issued in emergency to solve the shortage of coins during 1988-1989, as a consequence of illegal funding to obtain nickel due to the high price of this metal in comparison to it's face value. The banknotes that are part of these issues are 1 Bolívar, 2 Bolívares and 5 Bolívares (Design B, type B).
Note about amount of pieces: There is no known case of the serie E8. To complete the last bundle of the serie of 99,999,999 pieces, and the last piece could not be the serie number 100,000,000 instead it could be a replacement serie piece. Based on information from Venezuelan Metallic Coins (Asdrúbal Grillet), How to collect banknotes-Venezuelan Catalog 1811-2003 (Germán Hernandez) and Centralized banknote issues of Venezuela (Sergio Sucre), the amount of pieces were 600 millions. However, the known series and amount of pieces are far from that the official amount. Maybe there were other series prefix that never have circulated, printed or have been destroyed.
Signatures: "Presidente" «President» and "Primer Vice presidente" «First Vicepresident»

Issues (6)

SCWPM	Piece Code	Date	Serie	Amount
SCWPM	Note
P68	bbcv1bs-aa01-a8	Octubre 05 1989	A8	99,999,999
P68	Known A00000001 - A99967922
P68	bbcv1bs-aa01-b8	Octubre 05 1989	B8	99,999,999
P68	Known B00000001 - B98029441
P68	bbcv1bs-aa01-c8	Octubre 05 1989	C8	99,999,999
P68	Known C05986535 - C45244899
P68	bbcv1bs-aa01-d8	Octubre 05 1989	D8	99,999,999
P68	It seems that few pieces of this serie were put into circulation, the remainings could have been incinerated.. Known D27850001 - D48999513
N/L	bbcv1bs-aa01-e8 (V)	Octubre 05 1989	E8	99,999,999
N/L	Known ??? - ???
N/L	bbcv1bs-aa01-f8	Octubre 05 1989	F8	99,999,999
N/L	It seems that few pieces of this serie were put into circulation, the remainings could have been incinerated.. Known F81702187 - F83744110

Replacement banknote (1)

View more information about Replacement Banknote.

SCWPM	Piece Code	Date	Serie	Amount
SCWPM	Note
N/L	bbcv1bs-aa01r (N)	Octubre 05 1989	X8	1,350,000?
N/L	Known X00004788 - X01327454. Estimated X00000001 - X01350000

Other pieces (2)

SCWPM	Piece Code	Date	Serie	Amount
SCWPM	Note
N/L	bbcv1bs-aa01s	Octubre 05 1989	X8	-
N/L	Stamped on both faces "MUESTRA SIN VALOR" «sample with no value» in red (not perfored). Unnumbered specimen
N/L	bbcv1bs-aa01s2 (C)	Octubre 05 1989	X8	-
N/L	No Specimen stamp

Recommended bibliography

Banknotes from the Banco Central de Venezuela (issues from 1940-March 1989) and Centralized banknote issues of Venezuela (issues from September 1989-2007) by Sergio Sucre Castillo, which have more details and deep information about banknote issues from Banco Central de Venezuela. If you are interested to purchase a copy you can contact the author at the email address in the bibliographic reference section.