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Description
1989 Venezuela 5 Bolívares Banknote PMG 67 EPQ Pick 70b Superb Gem UNC Banco Central
Presented here is a 1989 Venezuela 5 Bolívares banknote, certified PMG 67 Superb Gem Uncirculated EPQ (Exceptional Paper Quality). Cataloged as Pick #70b, this beautifully engraved note was printed by Thomas De La Rue (TDLR) and features bold patriotic iconography.
Design & Features:
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Obverse: The front features portraits of two Venezuelan independence heroes: Simón Bolívar (1783–1830), the Liberator of South America, and Francisco de Miranda (1750–1816), revolutionary precursor to Latin America’s independence movements. The vivid red design is dominated by elegant guilloche patterns and a large central numeral “5.”
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Reverse: The back depicts the National Pantheon of Venezuela in Caracas, where Bolívar is entombed, against a backdrop of mountains. To the left is the Venezuelan coat of arms, while intricate geometric engraving adds balance to the composition.
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Watermark: Portrait of Simón Bolívar, confirming authenticity.
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Printer: Produced by Thomas De La Rue, ensuring high security and crisp artistry.
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Color Scheme: Monochromatic crimson-red, symbolizing strength, patriotism, and valor.
Historical Significance:
This 1989 issue represents the last years of the “strong Bolívar” before Venezuela began its long path toward hyperinflation and currency redenominations. At the time of release, 5 Bolívares retained significant purchasing power. The pairing of Bolívar and Miranda symbolizes the continuity of Venezuela’s revolutionary spirit, linking the origins of independence to its lasting national identity.
Remarkable Denomination:
Although only 5 Bolívares, this note exemplifies the artistry of Venezuela’s pre-inflation banknotes. Today, it carries more historical than monetary value, a reminder of a bygone economic era.
Catalog Reference: Pick 70b, dated September 21, 1989.
Collector’s Value:
With a top-tier grade of PMG 67 Superb Gem Uncirculated EPQ, this note is in exceptional condition—well-centered, sharply printed, and boasting flawless paper quality. For collectors of Venezuelan currency, Latin American revolution-themed notes, or inflation-era prequels, this piece is a gem both for its artistry and history.