1879 · Early Venezuelan Republic / Oil Era · Venezuelan Bolívar

Simón Vargas

He was named for a liberator. He is now a warning.

Simón Vargas

Museum objects

0 shown · 5 cited but not shown. An image only appears here if it is openly licensed and confirmed to depict the object we claim. Otherwise we cite it and link you to the museum — we would rather show you nothing than show you the wrong thing.

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BCV 50th anniversary reference
Banco Central de Venezuela Numismatic Collection
image failed verification (wrong object) — cited, not shown
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1879 Silver Bolívar (Brussels Mint)

Banco Central de Venezuela Numismatic Collection · BCV 50th anniversary reference · 1879
The first bolívar coin, struck in Brussels and named after independence leader Simón Bolívar.
Named for the man who freed a continent, Simón's coin started as a tribute — before oil, debt, and inflation turned that name into something closer to a cautionary tale.
licence unruledBanco Central de Venezuela — contact for rep view at museum ↗
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Museo Bolivariano collection
Museo Bolivariano
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Battle of Carabobo Painting

Museo Bolivariano · Museo Bolivariano collection · 19th century
A painting by Arturo Michelena depicting the decisive 1821 battle that secured Venezuelan independence.
This is the founding myth Simón was born to carry — a currency named after the war that made an independent Venezuela possible in the first place.
licence unruledVenezuelan government cultural institution — view at museum ↗
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Zumaque-I well site
Referenced via Wikipedia / historical records
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Zumaque-I Oil Well Historical Site

Referenced via Wikipedia / historical records · Zumaque-I well site · April 15, 1914
The site of Venezuela's first major oil discovery, which transformed the national economy.
The exact moment Simón stopped being just about independence and started being about oil — a discovery that would define, and eventually destabilize, an entire nation's currency.
licence unruledCreative Commons Attribution-ShareAlike 4.0 view at museum ↗
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NYT archive 1976
The New York Times Archive
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1976 Oil Nationalization Archive

The New York Times Archive · NYT archive 1976 · January 1, 1976
New York Times archival coverage of Venezuela's formal nationalization of its oil industry.
The day Venezuela decided oil belonged entirely to the state — a decision that would tie Simón's fate to the price of crude for the next half-century.
rights not clearedNYT copyright — all rights reserved. Subscri view at museum ↗
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BCV 50th anniversary PDF
Banco Central de Venezuela
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BCV 50th Anniversary Museum Publication

Banco Central de Venezuela · BCV 50th anniversary PDF · Anniversary edition
An official publication by Venezuela's central bank documenting fifty years of monetary history.
Even the bank tasked with managing Simón's fate has had to publicly reckon with just how far he's fallen from his original promise.
licence unruledBanco Central de Venezuela — contact for rep view at museum ↗

Primary sources

The documents themselves. We link and quote — that is citation, and it needs no licence.

Where this money travelled

Simón's bolívar was born from independence-era pride, transformed by the discovery of oil, and has suffered some of the worst hyperinflation crises in modern history.

Caracas (Plaza Bolívar)10.5061, -66.9146
BCV, Maracaibo10.6427, -71.6125
Zumaque-I Well, Mene Grande9.8167, -70.9333
Angel Falls5.9701, -62.5362

What we don't know

The page no competitor will build.

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