2021 Venezuela 20 Bolívares Digitales P-117 UNC Set of 100 Notes Consecutive (2 Billion Total)
The Venezuela 2021 20 Bolívares Digitales banknote, catalogued as P-117, represents a significant milestone in the country's recent economic history as part of the currency redenomination amidst ongoing hyperinflation. This particular offering includes a set of 100 consecutive, uncirculated notes, making it a rare and highly collectible set. The face value of each note is 20 Bolívares Digitales, but due to Venezuela’s economic situation, this translates to 20 million Bolívares in the previous currency. With 100 notes, the total nominal value equals 200 million Bolívares in the old currency. These consecutive notes are an excellent representation of Venezuela’s ongoing struggle with inflation and are highly desirable for collectors due to their pristine condition and consecutive numbering.
Design and Features: The 20 Bolívares Digitales note is a reflection of Venezuela's attempt to stabilize its currency through redenomination. The obverse features a prominent portrait of Simón Bolívar, the revered South American independence leader, framed by detailed patterns and vibrant shades of blue and green. The reverse of the note showcases a majestic image of the Mausoleum of Simón Bolívar in Caracas, underscored by natural motifs and the national coat of arms. The holographic security features, intricate microprinting, and the modern serial numbering system all contribute to the note’s security and visual appeal.
Historical Significance: The introduction of the Bolívares Digitales in 2021 marked yet another redenomination in Venezuela’s tumultuous economic journey, as the government removed six zeroes from the currency in an attempt to mitigate the effects of hyperinflation. The P-117 series, part of this redenomination effort, is symbolic of the country’s ongoing battle with economic instability and the attempts to regain financial control. While these notes carry a small face value in the new currency, they represent millions in the previous system, a reminder of the scale of inflation that has afflicted the nation.
Collector’s Value: A consecutive set of 100 uncirculated 20 Bolívares Digitales notes is a rare and valuable find for collectors, especially given the historical significance and the pristine condition of each note. The GEM UNC grade signifies that each note is in perfect condition, with no visible signs of wear or handling. Consecutive serial numbers further enhance the desirability of the set, as they add an element of completeness and rarity that appeals to serious numismatists. For collectors interested in hyperinflation currency, this set is a modern example of the impact of economic crises on currency design and issuance.
