VENEZUELA. Banco de Maracaibo. 20 Bolivares, 20.5.1926. P-S227. PMG Very Good 8.A deceptively rare type from the Banco de Maracaibo that typically is encountered in heavily circulated condition as seen here. Still, most of the design elements can clearly be seen. A challenging denomination to find in issued form, just 75,000 notes were delivered by the bank to the printer in 1926. They were slowly placed into circulation over the following years. PMG Comments "Paper Damage."From the Angostura Collection.
