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1000 Bolívares

Issuer Banco Central de Venezuela
Year 1998
Type Standard circulation banknote
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Reverse lettering BANCO CENTRAL de VENEZUELA MIL BOLIVARES 1000 MIL PANTEON NACIONAL BOLIVARES CASA DE LA MONEDA VENEZUELA
(Translation: Central Bank of Venezuela One Thousand Bolivares National Pantheon Casa de la Moneda Venezuela (printer))
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Protection type Watermark
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Comments

Venezuela's Casa de la Moneda in Maracay had taken over production of the high-denomination series by the late 1980s, bringing printing in-house after years of reliance on foreign contractors — a shift that coincided with the country's deepening currency pressures. By 1998, the 1000 Bolívares was no longer a large denomination in any practical sense. Inflation had been grinding through Venezuelan purchasing power for over a decade, and notes of this face value were already being displaced in everyday commerce by the 2000 and 5000 Bolívares issues.

A watermark alone as the primary security feature reflects how quickly the economic situation was outpacing the infrastructure needed to fight counterfeiting at the upper end of the circulating range.

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