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Venezuela 1 & 2 Bolivares  1960 to 1965
Venezuela 1 & 2 Bolivares 1960 to 1965

Simón Bolívar is a national hero of several countries. The country of Bolivia was named after him, and so was the Venezuelan currency of the Bolivar.

Minted not too long ago in generous quantities, the catalog values are quite low today. Any coin that is circulated will be worth the silver it contains.

The 1 bolivar coins contain 0.1342 troy ounces of silver, while the 2 bolivares have twice that: 0.2684 troy oz. Using a website such as Kitco.com, we can see that the current value of one troy ounce of silver is $22 USD. Multiplying this number by the amount of silver in a 1 bolivar coin, we get $22 x 0.1342 = $2.95 US dollars. This is the value of any circulated coin. You can do the same calculation for the 2 bolivares to find its circulated value.

If you have a coin that is absolutely, fully uncirculated, then it commands a premium. Add $2 for 1 bolivar coins, and add $4 for 2 bolivares coins.

Fully uncirculated coins that are damaged in any way will be worth the base silver value.

Coin: 16565 , Genre: Colonizers and Colonies
Requested by: Daniel Novoa, Tue, 18-Feb-2014 21:51:50 GMT
Answered by: Paul, Fri, 21-Feb-2014 02:59:17 GMT
Last review by CoinQuest: Fri, 05-Feb-2016 17:05:21 GMT
Requester description: 1960 Republica de Venezuela, Un Bolivar, GR 5, LEI 835
Tags: venezuela 1 2 bolivares bolivar venezula devenezuela republica republic un 5 lei flower repub repbulique republik republ republican republicas republicia reipvblicae republiove republiek repvbliqve republique repvbblica republika rebublique repvblica republicans repvblique vna uno una vn florets blossom fler fleurs lises petals leis lisse flowerettes flur stems trefoils floral lily petels orchid lis posy bouquet flowers flour orcid bud lilly fleur petal bloomed trefoil floret floer stem flowery lilys fluer fleures pedals shield horse arms sheild coats shiled crests chevrons shild escucheon insignia arm coat crested crest chevron creast shields escutcheon mountie mounted mount equestrian rider pony horsehead riding horseman ride horseback horses equestres stallion cornucopia ribbon branch stalk grass leaves leaf twigs stalks spray sprig limb stick twig sprays sprigs branching branches branched sticks greenery leafs boughs liafy bush leave leaved bough leafe leafed leafy leavs foliage

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Thu, 17-Aug-2017 05:59:56 GMT, unknown: 20989938