My World Crown Affair
19th Cent, Venezuela venezolano

Owner Comments:

Decimalization occurred in many of the former Spanish colonies in the Americas in the middle of the 19th century as these new nations moved away from the 27 gram 8 reales standard to 25 grams and several of these nations joined the Latin Monetary Union to facilitate trade with Europe. In Venezuela, decimalization started with the peso in 1843 although no silver coins of that denomination were struck. In 1872 the currency was renamed to the venezolano with the subdivision of 100 centavos. The silver venezolano was issued for just one year in 1876. Venezuela joined the Latin Monetary Union in 1879 and changed the currency to the bolivar, with the crown sized silver coin issued as 5 bolivars.

ex Centuria Collection ex Jorge Gonzalez Collection