Numismatic Catalog of Venezuela
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Page Reference
For reference, the URL address of this page is:
https://www.numismatica.info.ve/en/references/glossary/l.htm
Glossary beginning by the letter L
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Ladder serial number

A banknote with a serial number which each next digits move up or down. There are two type:
  1. Circular: The digits at both ends of the serie also move up or down each other, for example "76789876"
  2. Non-circular: The digits at both ends of the serie does not move up or down each other, for example "54345678"
A perfect ladder would be all next digits up or down, such as "12345678" or "76543210".
Low serial number

A banknote that has a serial number near to the beginning of the serie (view High serial number for the reverse case). It's necessary to know the serial interval (or its estimated), because the serie can start in any number, nonetheless generally starts at 1.
These pieces often has a higher numismatic value to others at the same condition, based to the difficulty, and the value is higher as the serie is near to the start.

Currently there are no defined conditions yet to check whether a serie is low or not. However, this website provides the guideline based on Relative amount of low and high serial number, which there are four amount of pieces that define four intervals.
General Interval
The general low serial interval are pieces within all levels, from the beginning of the 4th Level and ending of the 1st Level.

Banknote with low serial number
This piece, identified as bbcv100bs-ea01-a8 has a serial interval A00000001-A55000000 with 55,000,000 pieces (excluding damaged and not used). The interval for low serial number is A00000001-A00007806 with 7806 pieces. Photograph credits: Mercadolibre: business_paraguana

A.- First Interval (1st Level)
The interval is based on the first level of the conditions. This level can be considered the more feasible.

Banknote with low serial number level 1
This piece, identified as bbcv100bsf-aa02-a8 has a serial interval A44400001-A90000000 (estimated) with 45,600,000 (estimated) pieces (excluding damaged and not used). The interval for low serial number level 1 is A44402941-A44407104 with 4164 pieces. Photograph credits: José Manuel Piñeiro
B.- Second Interval (2nd Level)
The interval is based on the second level of the conditions (4.000 pieces for 90.000.000 issues).

Banknote with low serial number level 2
This piece, identified as bbcv20bs-fd01-t7 has a serial interval T9000001-T9999999 with 999,999 pieces (excluding damaged and not used). The interval for low serial number level 2 is T9000184-T9000521 with 338 pieces. Photograph credits: Sergio Sucre Castillo: Billetes del BCV
C.- Third Interval (3rd Level)
The interval is based on the third level of the conditions (1.000 pieces for 90.000.000 issues).

Banknote with low serial number level 3
This piece, identified as bbcv10bsf-aa03-q8 has a serial interval Q00000001-Q90000000 (estimated) with 90,000,000 (estimated) pieces (excluding damaged and not used). The interval for low serial number level 3 is Q00000101-Q00001000 with 900 pieces. Photograph credits: Numisfila
D.- Fourth Interval (4th Level)
The interval is based on the fourth level of the conditions (100 pieces for 90.000.000 issues). This can be considered as the harder or least feasible.

Banknote with low serial number level 4
This piece, identified as bbcv1000bs-ba01r has a serial interval Z00000001-Z00063000 with 62,688 pieces (excluding damaged and not used). The interval for low serial number level 4 is Z00000001-Z00000016 with 16 pieces. Photograph credits: Leonardo Ortega