2021 Venezuela 100 Bolivares Digitales P-119a PMG 64 Choice Uncirculated
Description:
The 2021 Venezuela 100 Bolívares Digitales banknote, cataloged as P-119a and graded PMG 64 (Choice Uncirculated), is a significant piece of modern Venezuelan currency, issued as part of the Bolívar Digital series. This banknote reflects Venezuela's ongoing efforts to stabilize its economy through currency redenomination and reform, following years of hyperinflation that severely impacted the nation’s financial stability.
Design and Features:
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Obverse: The front of the note prominently features a detailed portrait of Simón Bolívar, the liberator and national hero of Venezuela. Bolívar's image is surrounded by intricate patterns and vibrant colors, symbolizing the nation's rich cultural heritage and historical significance. The denomination "100 Bolívares Digitales" is clearly displayed, indicating the transition to the new digital currency system.
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Reverse: The reverse side of the note showcases the National Pantheon in Caracas, where Bolívar and other Venezuelan heroes are honored. The design is characterized by finely detailed engravings and bright colors that enhance the note's visual appeal, reflecting the architectural and cultural pride of Venezuela.
Security Features: The 100 Bolívares Digitales note incorporates several advanced security features to prevent counterfeiting, including a watermark of Simón Bolívar, a security thread, microprinting, and color-shifting ink. These features not only ensure the note’s authenticity but also add to its intricate and sophisticated design.
Historical Significance: Issued in 2021, this banknote is part of Venezuela's Bolívar Digital series, introduced as a response to the severe hyperinflation that had rendered previous currency denominations nearly worthless. The 100 Bolívares Digitales note represents a significant effort by the Venezuelan government to restore economic stability and public confidence in the national currency.
Collector's Value: Graded PMG 64, this banknote is in Choice Uncirculated condition, meaning it has a well-preserved appearance with only minor imperfections that are barely noticeable. While not reaching the top tier of the grading scale, a PMG 64 grade still ensures that the note maintains strong visual appeal and is free from any major flaws. The historical context of this note, combined with its high grade, makes it a desirable addition to collections focused on modern currency reforms or Venezuelan monetary history.
