Struck in gold, these coins are valuable! In fact, Venezuela never released most of these coins into circulation, keeping them as the nation's gold reserves. For the 10 bolivares minted only in 1930, it is estimated that 90% of the total mintage is still kept in reserve!
As inscribed on the coins, the 10 bolivares weigh 3.2258 grams while the 20 bolivares are twice as heavy at 6.4516 grams. They are made of 90% pure gold.
10 bolivares contain 0.0933 troy oz of gold
20 bolivares contain 0.1867 troy oz of gold
Most coins that are in circulated condition will be worth the value of the gold they contain. Better dates will be called out further down. Using a website such as Kitco.com, we can look up the current value of gold, which is $1325 USD per troy ounce.
Thus, the gold value of a 10 bolivares is 0.0933 x 1325 = $124 US dollars. This will be known as the Base Value (BV) in the table below.
10 BOLIVARES:
worn: (BV) + $0
average circulated: (BV) + $0
well preserved: (BV) + $55
fully uncirculated: (BV) + $100
20 BOLIVARES:
worn: (BV) + $0
average circulated: (BV) + $0
well preserved: (BV) + $110
fully uncirculated: (BV) + $225
20 bolivares dated 1886 catalog at (BV) + $50 in average circulated condition.
20 bolivares dated 1887 or 1888 catalog at (BV) + $100 in avg. circulated, and at (BV) + $1000 when fully uncirculated.
Coins that have been holed to be worn as jewelry, bent coins, or coins with severe scratches or gouges will be worth (BV).
Remember to apply the rules found on our Important Terminology page to the catalog values listed on this page.
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