Currency of Venezuela 1, 1862. Copper (Birmingham mint) dated 1858–1863: Silver 0·900 fine (Paris mint) dated 1858: The contract with the Paris Mint for coins with the bust of Gen. Páez, finalized November 7, 1862 was rescinded in June 1863, and coins already minted were melted down. Copper 1 and 2 céntesimos, and silver 1/2, 1, 2, 4, and 10 reales had been ordered. About 200 pieces of the 10-reales, 38 mm, 10·000 g, are thought to have survived. Peso fuerte (Venezolano de oro) = 10 Reales (Décimos) = 100 Centavos The monetary law of June 12, 1865 was based on the gold
Digital gold currency each of which provides a system that enables users to pay each other in units that hold the same value as gold bullion. These competing providers issue a type of independent currency. Proponents claim that DGC offers a truly global and borderless world currency system which is independent of exchange rate variations and political manipulation. Gold, silver, platinum and palladium each have recognized international currency codes under ISO 4217. Unlike fractional-reserve banking, DGCs hold 100% of clients' funds in reserve as gold, silver, and/or platinum, which can be exchanged via digital certificates. Proponents of DGC systems say that deposits are