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Zimbabwe circulates $100,000,000,000 notes

Started by MTHead-migration,

8 posts in this topic

jtryka

jtryka

Posted
Posted

I love how they describe it as a "cash shortage" when it's nothing more than hyperinflation driving out real cash (dollars, euros, gold etc.) and the government is devaluing the currency faster than it can be printed!

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Conder101

Conder101

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If they just issued the $100,000,000,000 notes in mid July, and then chopped 10 zeros off Aug 1st, will the notes be a short lived item and an interesting ( and potentially difficult) specimen to acquire? I think I'll check eBay.

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Scott B

Scott B

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If they just issued the $100,000,000,000 notes in mid July, and then chopped 10 zeros off Aug 1st, will the notes be a short lived item and an interesting ( and potentially difficult) specimen to acquire? I think I'll check eBay.

I saw a story somewhere that the Z$100 billion note was worth just less than US$1.

 

Prices for the notes on eBay are going $70-150 depending on the note or if you had the entire billion dollar series. The notes are worth more as collectibles than as circulating currency!! :o

 

Scott :hi:

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