Small coat of arms sharing center with value and eight stars. With legend around and date at bottom. With horizontal waves on background.

The shield is divided in the colors of the national flag. In the dexter chief, on a red field, wheat represents the union of the 20 states of the Republic existing at the time and the wealth of the nation. In sinister chief, on a yellow field, weapons (a sword, a sabre and three lances) and two national flags are tied by a branch of laurel, as a symbol of triumph in war. In base, on a deep blue field, a wild white horse (perhaps representing Simón Bolívar's white horse Palomo) runs free, an emblem of independence and freedom.

Bust left with mint mark at right and engraver's name at base. With legend on outer circle. With horizontal waves on background.

Simón Bolívar (1783–1830), was a Venezuelan military and political leader who played a leading role in the establishment of Venezuela, Bolivia, Colombia, Ecuador, Peru and Panama as sovereign states, independent of Spanish rule.

Following this triumph over the Spanish monarchy, Bolívar participated in the foundation of the first union of independent nations in Latin America, Gran Colombia, of which he was president from 1819 to 1830. Through further military campaigns, he ousted Spanish rulers from Ecuador, Peru, and Bolivia (which was named after him). He was simultaneously president of Gran Colombia (current Venezuela, Colombia, Panamá and Ecuador) and Peru, while his second in command Antonio José de Sucre was appointed president of Bolivia. He aimed at a strong and united Spanish America able to cope not only with the threats emanating from Spain and the European Holy Alliance but also with the emerging power of the United States. At the peak of his power, Bolívar ruled over a vast territory from the Argentine border to the Caribbean Sea.

Bolívar is, along with Argentine General José de San Martín, considered one of the great heroes of the Hispanic independence movements of the early 19th century.

Value three times upright, three times inverted
Translation: Venezuela Central Bank 1