© Heritage Auctions
© Heritage Auctions
1 Real "Chipi-Chipi" Caujaral - Necessity coinage ND
| Billon (.300 silver) | 1.7 g | - |
| Issuer | Barinas (Venezuelan provinces) |
|---|---|
| Type | Standard circulation coin |
| Years | 1817-1824 |
| Value | 1 Real |
| Currency | Real (1817-1824) |
| Composition | Billon (.300 silver) |
| Weight | 1.7 g |
| Shape | Octagonal (8-sided) |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#51471 |
|---|---|
| Rarity index | 92% |
Reverse
Cross divides four figures to the style of some colonial coins.
Comment
This coin has been minted from 1817 to 1824 by General Jose Antonio Paez in the west-central south Venezuela in Caujaral, commonly known Chipi-chipis, sited in the province of Barinas.Interesting fact
One interesting fact about the "Chipi-Chipi" coin is that it was used as a form of currency in Venezuela during a time of economic hardship and political instability. The coin was minted in 1817-1824, during a period known as the "Gran Colombia" era, when Venezuela was part of a larger political entity that also included present-day Colombia, Ecuador, and Panama. The coin's name "Chipi-Chipi" is derived from the indigenous language and means "small change," reflecting its low value and widespread use among the general population. Despite its low value, the coin played an important role in the economy of the time and remains a valuable collector's item today.