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These were on inventory a while I think...

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Revenant

Entry posted by Revenant ·

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I got the bulk lot of six Venezuelan notes in the mail on Thursday, and, after letting them wait / sit a while I opened them today.

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This is such a funny group of notes because, the Bolivar Fuertes series has 6 designs where 6 portraits and 6 animals & nature scenes are paired and this same sequence of 6 note designs is repeated twice in the series in the same order. This group of 6 that I bought together has an odd-ball 2 Bolivar notes and not the 500 Bolivar note that would match up with all the other notes in the sequence from 1,000 to 20,000, so you get all 6 portraits and designs, but in kind of a weird way - with one odd-ball denom from much earlier in the series than the rest of them.

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Unlike a lot of the Zimbabwe notes I've been snapping up lately these were NOT graded recently. Many of those new Zimbabwe notes in my set have 807XXXX- cert numbers and some even have the latest gen labels.

These Venezuelan notes have cert numbers ranging from 17409XX- to 25066XX- and they're all in the older gen PMG holders. And you can tell because they're in that older polymer that has a lower transmittance and has a kind of blue tint to it.

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I'm really wondering if the seller got these things graded in bulk years ago when the notes where new (circa 2015-2017) and they finally got tired of having them. Maybe these "Medley lot" sales have just been their way of (finally) clearing / dumping old inventory.

Don't get me wrong - I'm not complaining. I'm still thrilled to have gotten to fill out this set on the cheap, but it's still a little funny to think about what the "story" of these notes and this set might be.

The other group of 5 notes I bought during the 4th of July sale arrived in the mail today. I won't open those until Monday or Tuesday probably.

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Fenntucky Mike

Seems odd that they would use the same base designs back to back for the series, in different denominations. If you were going to keep the same base designs, I'm surprised that they didn't just tack three zeros onto the original notes then come up with two new designs for the 500 and 1,000. 

Were the Pick #'s changed for the second issue of notes?

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they're all in the older gen PMG holders. And you can tell because they're in that older polymer that has a lower transmittance and has a kind of blue tint to it.

Not a big fan of these old holders, the blueish green tint detracts from the note.

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Revenant
5 hours ago, Fenntucky Mike said:

Seems odd that they would use the same base designs back to back for the series, in different denominations. If you were going to keep the same base designs, I'm surprised that they didn't just tack three zeros onto the original notes then come up with two new designs for the 500 and 1,000. 

Were the Pick #'s changed for the second issue of notes?

Not a big fan of these old holders, the blueish green tint detracts from the note.

Yeah. The pick numbers did change each time. The 2 through 100 are P88 to P93. The 500 to 20000 are P94 to P99.

I say of of this on my Zimbabwe set but, in hyperinflations and periods of high inflation when they are making these new notes they usually don't have the luxury of taking months or years to make new designs for everything and you see designs and design elements get reused a lot.

I'm not a huge fan of the old holders for this reason either, but at lease they fixed the problem in later versions. This is one case of NGC & PMG upgrading a holder that was a VERY welcome upgrade.

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Revenant
1 hour ago, Fenntucky Mike said:

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What is the "(formerly VENUNL1000a)" referring to?

When a note is graded before they have a pick number for it they write "Pick unlisted" on the label of the holder and it's listed as "VENUNL$$$$$" - "Venezuela Unlisted (Denomination)." My 2019 Zimbabwe notes are "ZIMUNL2a" and "ZIMUNL5a."

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