Heritage World Coin Auctions
CICF Signature Sale 3040 9-10 April 2015
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Venezuela
Republic gold 500 Bolivares 1975 Gem UNC, KM-Y54. A phenomenal offering, this undisputed key to the modern Venezuelan series was struck to commemorate the nationalization of the oil industry, and presents effulgent, golden surfaces that promote razor-sharp devices. Featuring a minuscule mintage of only 100 pieces, it is quite possible that only a fraction of that number survived due to "accidental melting" that occurred over the coming years. For reference, we sold an equally spectacular piece in our New York Signature Sale of this year that hammered at $26,000. Worthy of many accolades, this truly is an ideal representative of the type, and one that is well-deserving of great attention from the collector community. Sold with a blue velvet box containing satin and velvet housing, as well as the certificate of issue.
Estimate: 20000-25000 USD
Republic gold 500 Bolivares 1975 Gem UNC, KM-Y54. A phenomenal offering, this undisputed key to the modern Venezuelan series was struck to commemorate the nationalization of the oil industry, and presents effulgent, golden surfaces that promote razor-sharp devices. Featuring a minuscule mintage of only 100 pieces, it is quite possible that only a fraction of that number survived due to "accidental melting" that occurred over the coming years. For reference, we sold an equally spectacular piece in our New York Signature Sale of this year that hammered at $26,000. Worthy of many accolades, this truly is an ideal representative of the type, and one that is well-deserving of great attention from the collector community. Sold with a blue velvet box containing satin and velvet housing, as well as the certificate of issue.
Estimate: 20000-25000 USD