Currency of Venezuela copper centavos dated 1852 were minted at Birmingham and London. Birmingham Mint Ltd.: Royal Mint, London: Venezolano (Peso) = 10 Reales = 100 Centavos Conversion: 1 venezolano = 5 francos A new monetary law, April 1, 1854, provided for a mint in Caracas to produce a national coinage based on both gold and silver. The gold coins would be: onza, media onza, doblón (1/4 onza), escudo (1/8 onza), and venezolano de oro (1/16 onza or peso de oro). Silver coins were: peso fuerte or venezolano de plata, medio peso, peseta (1/4 peso), real (1/8 peso), and medio real (1/16 peso).
SWAG (silver, wine, art and gold) SWAG (silver, wine, art and gold) SWAG is an asset class comprising silver, wine, art and gold, identified by economist Joe Roseman in his 2011 "Investment Week" article, "SWAG: The Industry's Latest Acronym". He describes these as transportable and easy to store physical assets with no income stream (and so no exposure to income tax) and no incumbent debt, whose performance appears unrelated to the performance of equity markets; and he notes that none of these factors would be affected by sovereign default. Because of their scarcity, desirability, durability and stability and the independence of their price from stock market