Owner Comments:
Venezuela - 1930 Gold 10 Bolivares - KM #Y31 - Mintage: 500,000
Fineness: ... 0.9000
Weight: ........ 3.2258g
AGW: ............ 0.0933406208304532oz
The obverse, designed by Albert Barre, bears the left facing portrait of the Venezuelan military and political leader Simón Bolívar (1783-1830). Bolívar lead the countries of Bolivia, Colombia, Ecuador, Panama, Peru and Venezuela to independence from Spanish rule during the early 19th Century and is regarded as a hero, visionary, revolutionary and liberator throughout Hispanic South America. His portrait appears on the obverse of many South American coins.
The reverse design has the national coat of arms above a ribbon bearing the Venezuelan motto. The arms are flanked by plants with cornucopias above. The date appears at the bottom of the reverse flanked by the coins weight and gold fineness. It has a 19mm diameter and weighs 3.2258 grams (.0933 oz troy)
An estimated 500,000 of these coins were minted by the Philadelphia Mint for use in Venezuela, however only 10% of the total mintage was released into circulation. The rest were kept as part of the nations gold reserves. This probably explains why there are so many mint state specimens available today. This particular coin is a typical example and has great eye appeal.
Date acquired: 4/8/2010 (Already graded by NGC)
Rev. 9/4/2022