A P-23 and the 15-year labels in the context of the Zimbabwe sets
Entry posted by Revenant ·
A couple of weeks ago a pair of P-23 notes came up for sale - a P-23e and a P-23c, ending in that order, a couple of days apart from each other.
I have not seen a lot of P-23s come up for sale over the last few years. One of the few I’ve seen offered is one that has a “Pick-Unlisted” label that was graded years ago, so you don’t know from the label what variety you’re getting and the seller wanted $200 for it - which has always and still seems insane for that note. This probably explains why it still sits unsold. Anyway…
These new notes had starting bid prices of $29 - which was very reasonable.
I was hoping to snag both if I could get them cheap, but I ended up having some competition for them. I decided to try to snag the P-23e and let the P-23c go for now. I ended up being glad I did. I won the P-23e for $38.88 + shipping + tax (set me back $47.50). The P-23c sold for about $75 before tax and shipping - two other people wanted that one bad, I guess.
It is very nice to pick this one up though. This P-23e, with the P-22b I got in a lucky win earlier in the year, is finally giving me some in-roads and progress on a segment of the complete Zimbabwe series / collection that I’ve been pretty weak in up to this point.
This note has one of the new style holders with a 15-year label. That got me thinking a little…
The note itself is from 2003. It’s only 17 years old and it was made only 2 years before PMG got started.
This realization got me thinking about the fact that the 2nd Dollar series was released in 2005 and 2006 and that PMG was just getting started and was a “cool new thing in the industry,” right at the time when the Zimbabwe hyperinflation and the collection craze over these notes was entering into its peak phase. PMG was only about 3-4 years old when the 100 trillion notes hit the street. This makes me wonder a little if this coincidence of timing helped power Zimbabwe into being #20 in the list of the countries with the most notes graded by PMG.
This has my interest a little piqued to see if I might be able to get one of the 2005 dated 2nd dollar bearer checks in a holder with the 15-year label on it for my collection. I just can’t help but think that would be neat to have. I’m not sure what dollar value that novelty is going to have for me or what I’m going to be willing to shell out to make that happen but it’s definitely going to be “on my radar” now.
Incidentally, 2005 is also the year I graduated from High School… and now I realize it has been 15 years since I graduated from High School… and… dangit… now I just feel old.
Dang it! … I am old.
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