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500 Bolívares Red type
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1943-1946 |
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| Composition | Paper |
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| Obverse description | Red on multicolour underprint. At right, an oval vignette with a portrait of Simón Bolívar; at centre, the large numeral '500' with the denomination in words and the payment clause below; the issuer name runs across the top, with the numeral '500' repeated in each corner. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE VENEZUELA 500 QUINIENTOS BOLÍVARES (Translation: Central Bank of Venezuela 500 Five Hundred Bolivares) |
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| Comments |
Venezuela's 1943–1946 500 Bolívares issue arrived during a period of rapid oil-driven fiscal expansion, when the Banco Central — established only in 1940 — was still building the institutional machinery to manage a suddenly resource-rich economy. The American Bank Note Company had a long relationship with Venezuelan currency production, and the "Red type" designation distinguishes this series from earlier color variants of the same denomination, reflecting a deliberate change rather than a simple reissue.
Pick 36 is genuinely scarce in any grade. High-denomination notes of this period circulated almost exclusively within banking and commercial channels, yet survival rates remain low — the BCV undertook aggressive redemption and destruction campaigns as new series replaced older ones through the late 1940s.