Venezuela 1990 500 Bolivares Sterling Silver Proof Coin
Coin/Bullion · Casa de la Moneda de Venezuela (The Central Bank of Venezuela). Struck as a commemorative non-circulating legal tender bullion piece.
Pattern: Commemorative Issue (Standard Heraldic Reverse)
Type
Coin/Bullion
Maker
Casa de la Moneda de Venezuela (The Central Bank of Venezuela). Struck as a commemorative non-circulating legal tender bullion piece.
Material
.925 Sterling Silver. This piece is part of the silver bolivar tradition, containing approximately 0.9224 troy oz of actual silver weight (ASW).
Dimensions
Diameter: 35.0 mm; Thickness: Approx 3.4 mm; Weight: 31.1 grams (1.00 troy oz gross weight).
Description
A stunning example of South American numismatic silver, this 1990 500 Bolivares coin showcases the intricate Heraldic shield of Venezuela. The proof quality provides a high visual impact, highlighting the detailed textures of the cornucopias and floral wreaths that symbolize the nation's agricultural wealth and triumph.
Key Features
High denomination for the period (500 Bolivares), Sterling .925 purity stamp (implied by series), and the specific 1990 mintage year.
Material & Composition
.925 Sterling Silver. This piece is part of the silver bolivar tradition, containing approximately 0.9224 troy oz of actual silver weight (ASW).
Finish & Decoration
Proof finish featuring frosted relief and mirrored fields. The reverse displays the National Coat of Arms of Venezuela with the cornucopia, laurel, palm branches, and the symbolic horse facing left.
Hallmarks & Stamps
Stamped 'REPUBLICA DE VENEZUELA', '500 BOLIVARES', and '1990'. While it lacks traditional silversmith hallmarks, the denominations and country of origin serve as official government purity guarantees.
Construction Details
Machine-struck, die-pressed coin. Produced using polished dies to create the distinctive proof surface contrast between the flat fields and raised motifs.
Functional Features
Reeded edge for anti-counterfeiting; non-circulating legal tender meant primarily for collectors and silver investors.
Handle & Grip Details
No handle; currently held in a PVC-free plastic flip or original mint packaging to prevent oxidation.
Craftsmanship Details
High-quality industrial coinage craftsmanship. The symmetry of the shield and the sharpness of the reeded edge indicate professional government-grade minting equipment.
Authentication Indicators
Die-struck crispness in lettering; correct '1990' font for the BCV series; appropriate diameter-to-weight ratio for silver bullion.
Origin & Manufacturing
Venezuela; Caracas. Manufactured under the authority of the Banco Central de Venezuela.
Era & Period
Modern Numismatic Period (Late 20th Century). Historical context: Pre-hyperinflation Venezuela when the Bolivar was relatively stable compared to modern times.
Age Estimate
Dated 1990; 34 years old.
Cultural Significance
Represents the National Sovereignty of Venezuela; the horse on the shield was originally facing right until a 2006 change, making these 'left-facing horse' versions historically distinct.
Condition Notes
Very Good to Excellent. Shows some visible peripheral toning (rainbow/gold patina along the rim) which is common for silver kept in original flips. Minimal surface hairlines visible through the plastic.
Value Estimate
$35.00 - $55.00 USD, depending on silver spot price and collector demand for Venezuelan numismatics.
Care & Maintenance
Do not clean or polish with abrasives as this destroys numismatic value. Store in a PVC-free airtight capsule to prevent further tarnish/toning. Handle only by the edges using cotton gloves.
Similar Pieces
1990 250 Bolivares (smaller size), or the 1000 Bolivares gold versions of the same era. Compares to Mexican Silver Libertads in terms of purity and regional bullion status.
Interesting Facts
The 1990 series was produced during a time when Venezuela was a major regional economic power. These coins are now highly sought after because many were melted down during subsequent economic collapses.