pull down to refresh

Two weeks ago, I noticed my mother had three large tins filled with coins from 20, 30, and even 60 years ago. Among the hundreds, and perhaps a little over a thousand coins, I found a small silver coin from 1960.
GR 1.25 LEI 835
  • Intrinsic value (based on silver content): $1.27
  • Numismatic value: Between USD 2.50 and USD 4.80 for coins in good condition (VG to UNC), although at auction or with certificates they can reach higher prices (up to USD 38.99 or more in exceptional cases).
Venezuela's highest denomination banknote
The Central Bank of Venezuela (BCV) has launched the new Bs. 200 and Bs. 500 bills, which will begin circulating progressively throughout the country. These new denominations, valued at approximately $5.4 and $13.6 according to the official rate of August 16, seek to complement the current monetary cone, adapting to the current demands of the economy
As of today, August 14, 2025, this bill is worth $3.68, which means it has devalued approximately 73.53%.
That is its value if we use the rate of the Central Bank of Venezuela
and this is its value according to Yadio
The value of the lowest denomination bills according to yadio is: Bs 200 - $1.04 Bs 100 - $0.52 Bs 50 - $0.26 Bs 20 - $0.10 Bs 10 - $0.05 Bs 5 - $0.03
Part of the search process
Fun fact: The last time I used a coin to pay in Venezuela was 15 years ago. Since then, I've needed a lot of bills to pay for even the smallest things.
Do a lot of people have similar stockpiles of these coins or is your mom unusual?
reply
So far, I've only seen my mother with this kind of exaggerated amount of coins. I've recently seen people on websites interested in buying coins from 40 years ago by the kilo. The last time I checked, they were offering between $3 and $5 per kilo for coins from 1975 or older. My mother was even tempted to sell her coins at the height of the crisis; I don't know how much they offered her.
reply
that’s fascinating! I love how you compared the silver coin’s intrinsic and numismatic values it really shows how coins can be both a small piece of history and an investment.
reply
0 sats \ 0 replies \ @AG 2h
this is a @plunda job!
reply
love stuff like this. how easy would it be to sell the coins? could you sell them on ebay for example? or would there be shipping issues etc?
do they still mint coins in Venezuela, or not even bother?
reply
0 sats \ 0 replies \ @OT 13h
Nice find!
It reminded me of when we were kids we went through my parents old shilling coins. Some were "rare" depending on the year they were printed. We didn't have any luck unfortunately
reply