Venezuela Caracas 1/8 and 1/4 Real  1802 to 1821
Venezuela Caracas 1/8 and 1/4 Real 1802 to 1821

Simon Bolivar was leading a War of Independence for the South American colonies of Spain. Caracas and its surrounding province, the national capital of Venezuela, fell to Bolivar in 1821. Before that, Royalists (those loyal to Spain) issued coinage in Caracas in 1/8, 1/4, 1, 2, and 4 reales denominations. These are the copper 1/8 and 1/4 real.

These coins are highly collectible and collectors will pay handsome sums for nice-looking specimens. The one in our main picture comes from Jean Elsen & ses Fils in Brussels, where it sold for 190 euros (about $260 US dollars) during a 2014 auction. CoinQuest thanks Jean for us of his coin photo. It is a wonderful specimen.

Catalog values are shown below. The 1/8 real is heavily counterfeited, so be careful. Always deal with people you know and trust when it comes to rare and valuable coins.

1/8 REAL
worn: $300 US dollars approximate catalog value
average circulated: $2000
well preserved: $5000
1/8 real coins dated 1818 are much more common and catalog for about 1/10 of these prices
1/8 real coins dated 1804 and 1817 are more rare and catalog at about three times these values

1/4 REAL
worn: $8 US dollars approximate catalog value
average circulated: $50
well preserved: $150
1/4 real coins dated before 1806 are more valuable, cataloging near $3000 in average circulated condition

The value of these coins varies widely with condition, sharpness of strike, and percent off-center. If you have a coin with decent eye appeal, take it to a knowledgeable collector or professional coin dealer for an in-person appraisal.

The photo of the 1/8 real comes from Heritage Auctions. As always, we thank Heritage for supporting our efforts at CoinQuest. The 1/8 real sold for $350 US dollars in a 2005 auction. It is worth quite a bit more than that today.

Coin: 17006 , Genre: Colonizers and Colonies
Requested by: Cheryl, Thu, 15-May-2014 03:49:39 GMT
Answered by: Paul, Thu, 15-May-2014 14:54:12 GMT
Reviewed by CoinQuest. Appraisal ok., Tue, 03-May-2016 00:50:09 GMT
Requester description: 1817 The front of the coin has a swirl design or cursive writing on top and below that is 1\4 on both sides of the 1\4 is what looks like two trees. On the back top is a crown and written on there is ANO DE 1817 CARACAS. It looks as if the coin was slightly off when it was made because the border on the back runs off the side of the coin
Tags: venezuela caracas 1 8 4 real venezula devenezuela reales reale front swirl squiggle two trees tree crown ano de off offcenter border runs run squiggles scribbles swoosh squiggly squigle twirly scribble curlycue swirls squiggley sqiggles swirly crowned tiara crwon crpwn crowns tiarra crowning tiera center centers centered boarder moulding bordering bordered running lion tiger branch stalk cross scroll scrollwork lions cougar tigers twigs sprig braches limb twig sprays sprigs branching branches branched scrolwork scolled scrolls escutcheon scrolled





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