Venezuela – 1992 – 50 grams – Discovery of America 1492-1992 – Gold Medal – Proof – PCGS PR70 Deep Cameo

Venezuela – 1992 – 50 grams – Discovery of America 1492-1992 – Gold Medal – Proof – PCGS PR70 Deep Cameo – Cert 47785057

This Venezuelan gold medal from 1992 is among the most unusual modern issues from Latin America. It was minted by Metalfin in Italy, and the design is attributed to J. Soto. Weighing 50 grams of gold and measuring 35 mm in diameter, it combines a substantial weight of precious metal with a decidedly modern, almost kinetic design. The inscription 1492-1992 refers matter-of-factly to the 500th anniversary of the discovery of America.

In terms of design, this medal clearly stands out from classic commemorative coins. One side features a strictly graphic composition with the inscription “Venezuela” and “12 Octubre 1492-1992,” while the other side uses concentric lines, the designation “Metalfin,” and the weight and fineness markings. It is precisely this reduced, abstract design language that makes the piece particularly interesting for collectors of modern gold medals and Latin American rarities.

What makes this example particularly striking is its rarity in pristine condition. It is the only recorded example at PCGS. This medal thus combines historical significance, artistic originality, and an exceptional position within the certified population.

Technical data

Country: Venezuela
Year: 1992
Type: Gold medal
Occasion: Discovery of America 1492-1992
Metal: Gold
Fineness: according to the medal inscription, 999.9/1000
Weight: 50 g
Diameter: 35 mm
Minting quality: Proof
Mint: Metalfin – Italy
Designer: J. Soto
Print run: 15,000 copies
Face value: none – medal
Certification: PCGS PR70 Deep Cameo
Certificate number: 47785057

Condition note

Note: The PCGS holder has cracks in the plastic. The certification label is of course present and the medal is an original PCGS certified item.