Venezuela 10000 Bolivares 2017 P 98 UNC World Banknote Currency
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Venezuela 10000 Bolivares 2017 P 98 UNC World Banknote Currency
The 2017 Venezuela 10,000 Bolívares note, cataloged as P-98 in the Pick catalog, is a modern banknote issued during a period of severe economic turmoil in Venezuela. Here are the key details about this banknote:
### Key Features of the 2017 Venezuela 10,000 Bolívares Note (P-98):
1. **Date of Issue:** 2017.
- This note was issued during a time of hyperinflation in Venezuela, leading to the issuance of increasingly higher denomination notes.
2. **Issuer:** Banco Central de Venezuela (Central Bank of Venezuela).
- The Central Bank is responsible for the issuance of all currency in Venezuela.
3. **Design Elements:**
- **Obverse:**
- Features the portrait of Francisco de Miranda, a Venezuelan military leader and a key figure in the Latin American independence movement.
- The background might include elements of Venezuelan cultural or historical significance, such as patriotic symbols or imagery related to Miranda's legacy.
- **Reverse:**
- Typically depicts the Venezuelan countryside or national symbols, such as the Venezuelan coat of arms, wildlife, or important landmarks.
- **Security Features:** Modern security features would be included, such as watermarks, security threads, microprinting, and UV-sensitive elements to prevent counterfeiting.
4. **Condition - Uncirculated (UNC):**
- **Uncirculated:** The note is in mint condition, with no signs of wear, handling, or circulation. The paper is crisp, and the colors are vibrant, making it highly desirable to collectors.
- **Mint Condition:** Uncirculated notes, especially in the original, pristine state, are valued higher due to their perfect condition.
5. **Historical and Economic Context:**
- **Hyperinflation:** The 10,000 Bolívares note is a product of the extreme hyperinflation that gripped Venezuela during the late 2010s. The rapid devaluation of the currency led to the issuance of high-denomination notes like this one.
- **Economic Instability:** This period in Venezuela's history is marked by severe economic challenges, making the currency from this era a reflection of the country's struggles.
6. **Collector's Interest:**
- **Modern Collectible:** Although a relatively recent issue, the note is of interest to collectors, particularly those who focus on modern world currency or the economic history of Venezuela.
- **Value:** The value of this note in uncirculated condition depends on the current demand among collectors. While it may not be as rare or historically significant as older banknotes, it still holds value as a representation of a significant period in Venezuelan history.
7. **Valuation:**
- **Current Market:** The note's value in uncirculated condition will vary based on market demand. It's likely to be more affordable compared to older, rarer notes, but its historical context can add to its appeal.
- **Future Potential:** The note could increase in value over time, particularly as a collectible item from a significant period of hyperinflation and economic crisis.
### Conclusion:
The 2017 Venezuela 10,000 Bolívares note is an interesting piece of modern currency, reflecting the economic challenges of Venezuela during a period of hyperinflation. In uncirculated condition, it is particularly desirable for collectors interested in modern world banknotes or the economic history of Venezuela. While its current value might be modest, its historical significance could make it a valuable addition to a collection over time.