Currency of Colombia accepted by all tax offices. Notes were to be issued for 5, 10, 20, 25, 50, 75, 80, and 100 pesos, but this decree was revoked on 4 November 1846 by President Mosquera, and no notes were issued. Silver .666 fine, dated 1839–1846 The 1840s found the currency still in a chaotic state. Monetary legislation perpetuated the problem by equating nominal value with intrinsic value and treating a peso .666 fine the same as a peso .903 fine. This guaranteed that Gresham's law would come into play, despite a law (1844) prohibiting the export of gold and silver coin. Customs
Currency of Venezuela Union system, based on the silver fuerte (venezolano de plata) of 25·000 g, 0·900 fine, and the gold venezolano of 1·6129 g, 0·900 fine. The 20-venezolano gold piece was named the "Bolívar". Coins were ordered from Paris; foreign coin was to remain in circulation until they arrived. New ratings were published July 2. From January 1, 1872 all accounts had to be converted and expressed in venezolanos and centavos. On February 13, 1874 the circulation of coin worn on both sides was prohibited and a new table of ratings for foreign coin was published. When the coinage of 1873–1874 was