Venezuela 1 Million Bolivar Soberano, 2020, P-114, USED 1,000 Notes, 1 Brick
Description:
This brick comprises 1,000 used 2020 Venezuela 1 Million Bolivares Soberano banknotes, cataloged as P-114. These notes serve as significant artifacts from one of the most challenging economic periods in Venezuelan history, characterized by severe hyperinflation and rapid currency devaluation. Each note in this brick is in used condition, reflecting its circulation during this turbulent time.
Design and Features:
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Obverse: The front of each note prominently features a detailed portrait of Simón Bolívar, the revered liberator and national hero of Venezuela. The background is adorned with intricate patterns and vibrant colors that highlight the artistic quality and cultural heritage of the nation. The denomination "1,000,000 Bolivares" is clearly displayed, indicating its high value at the time of issuance.
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Reverse: The reverse side showcases the image of the Central Bank of Venezuela building, symbolizing the nation’s financial institution. The detailed engravings and vivid imagery underscore the craftsmanship involved in the note’s production, reflecting Venezuela’s rich historical and cultural significance.
Security Features: Each 1 Million Bolivares Soberano note includes advanced security features designed to prevent counterfeiting. These features consist of a watermark of Simón Bolívar, a security thread, microprinting, and color-shifting ink. These elements ensure the authenticity of the notes and contribute to their intricate design and overall aesthetic appeal.
Historical Significance: Issued in 2020, these banknotes are emblematic of Venezuela's struggle with hyperinflation, where the currency experienced extreme devaluation. The 1 Million Bolivares denomination reflects the severity of the economic crisis and the government's efforts to manage the monetary system during this period. These notes are historical artifacts that capture the magnitude of the hyperinflation crisis in Venezuela.
Collector's Value: This brick of 1,000 used notes provides a comprehensive and tangible look into the hyperinflationary period in Venezuela. The used condition adds authenticity and historical context, illustrating the real-world use and economic conditions faced by Venezuelans during this time. Collectors interested in modern currencies, hyperinflation periods, and Venezuelan economic history will find this brick particularly valuable. The large quantity and historical significance enhance its appeal as a collectible.
