2 Bolivar    (sold for $2.0)

1929, Venezuela (Republic). Silver 2 Bolivares (GRAM 10) Coin. VF+

Conditions: VF+
Mint Year: 1929
Mint Place: Paris
References: KM-3.
Denomination: 10 GRAM (2 Boliviares)
Material: Silver (.835)
Diameter: 27mm
Weight: 9.77gm

Obverse: Head of Boliviar left. Engraver´s signature (BARRE) without privy marks at sides.
Legend: BOLIVIAR LIBERTADOR

Reverse: Shield of the Republic of Venezuela within wreath.
Legend: ESTADOS UNIDOS DE VENEZUELA * GRAM 10 * 1929 * LEI 835 *

Venezuela, officially the Bolivarian Republic of Venezuela (Spanish: República Bolivariana de Venezuela), is a federal republic located on the northern coast of South America. It is bordered by Colombia on the west, Brazil on the south, Guyana on the east, and the islands of Trinidad and Tobago to the north-east. Venezuela's territory covers around 916,445 km2 (353,841 sq mi) with an estimated population 31028337. Venezuela is considered a state with extremely high biodiversity (currently ranks 7th in the world's list of nations with the most number of species), with habitats ranging from the Andes Mountains in the west to the Amazon Basin rain-forest in the south, via extensive llanos plains and Caribbean coast in the center and the Orinoco River Delta in the east.

The territory currently known as Venezuela was colonized by Spain in 1522 amid resistance from indigenous peoples. In 1811, it became one of the first Spanish-American colonies to declare independence, which was not securely established until 1821, when Venezuela was a department of the federal republic of Gran Colombia. It gained full independence as a separate country in 1830. During the 19th century, Venezuela suffered political turmoil and autocracy, remaining dominated by regional caudillos (military strongmen) until the mid-20th century. Since 1958, the country has had a series of democratic governments. Economic shocks in the 1980s and 1990s led to several political crises, including the deadly Caracazo riots of 1989, two attempted coups in 1992, and the impeachment of President Carlos Andrés Pérez for embezzlement of public funds in 1993. A collapse in confidence in the existing parties saw the 1998 election of former coup-involved career officer Hugo Chávez and the launch of the Bolivarian Revolution, beginning with a 1999 Constituent Assembly to write a new Constitution of Venezuela. This new constitution officially changed the name of the country to República Bolivariana de Venezuela (Bolivarian Republic of Venezuela).

Venezuela is a federal presidential republic consisting of 23 states, the Capital District (covering Caracas), and federal dependencies (covering Venezuela's offshore islands). Venezuela also claims all Guyanese territory west of the Essequibo River, a 159,500-square-kilometre (61,583 sq mi) tract dubbed Guayana Esequiba or the Zona en Reclamación (the "zone being reclaimed"). Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north, especially in the capital (Caracas) which is also the largest city in Venezuela.

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