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ccw2805
Valued Member
United States
78 Posts
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I have recently discovered Zimbabwe dollars on eBay. Are these bills worth collecting? If so which denomination would be most sought after? Thanks.
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Pillar Of The Community
United States
3193 Posts |
i would think that the 100 trillion dollar note is cool, and fun to collect, but does not have very much numismatic value, mostly interestic value. I cant speak for the other notes, though.
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Pillar Of The Community
United States
3623 Posts |
Just for novelty value: "Hey, I'm a trillionaire...... in Zimbabwe!"
They're not worth much though.
"A poor Roman plays the Goth, a rich Goth the Roman." - Theodoric, King of the Ostrogoths Attributed coins in my collection so far - Roman: 179, Byzantine: 9, Post-Roman Germanic: 8My coin gallery, My items for sale |
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Moderator
United States
3991 Posts |
Edited by Fuzzy317
08/23/2011 7:52 pm
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New Member
Israel
20 Posts |
i think that Zimbabwe dollars are worth collecting as much as any other one ,
I would offer you to look for the 1st edtion of 1980 , where the name of the capital is still Salsbuery (print on the note) later on it will be Harrre ,
also take a look on the Rhodesia pound and dollars
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Pillar Of The Community
Canada
2303 Posts |
The amount printed on it will turn anybody's head. They are currently being sold as novelty items, IMO, a modern reminder of how bad an economy can get.
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Pillar Of The Community
United States
524 Posts |
Do they print paper money now?
A.N.A#R-3144406
Redwood Empire Coin Club#788
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Moderator
Australia
9522 Posts |
No, the 100 trillion note Fuzzy posted was the highest they got, before they gave up. They now officially use the US dollar, British pound, Botswanan pula and South African rand.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United States
58 Posts |
Could this happen to US dollars? I think inflation will be more electronic than physical paper dollars. Comments?
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Moderator
Australia
9522 Posts |
I theory, yes it could. In practice, it wouldn't be easy. It took Mugabe several decades of planned sabotage to ruin Zimbabwe's economy to the point where hyperinflation happened. Germany, Hungary and Yugoslavia (the other three notorious hyperinflationary currencies) all lost wars.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
Sweden
68 Posts |
Sorry Sap, but I don't think the same kind of hyperinflation can happen to US dollars. The rulers of Yugoslavia (Slobodan Milosevic) and Zimbabwe (Robert Mugabe) were the major idiots/dictators (Mugabe is still alive and still an idiot) and they ruined their countries by themselves. The US democracy has the abilty to prevent such kínd of idiots to ruin the country; at least I would like to believe in that.
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Valued Member
Australia
132 Posts |
I have a collection of Zimbabwe notes that is mostly concentrated on the earlier years
It is a fascinating area given the explosion of issues following the onset of its hper-inflation period
Most of the later notes are as others have said "novelty" items with no real value
If you are looking for a cheap fun collecting area with a lot of variety then I would recommend Zimbabwe
If you are looking for a serious collecting area then Zimbabwe is not the go
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Pillar Of The Community
Germany
637 Posts |
Inflation happens of course. The UK brought in decimalised currency in 1969 and due to the increase it had coins from 1/2p to 50p, now it has coins from 1p to £2. I think I read it has increased fives times in that time, or at least since the early 1980s when they got rid of the 1/2p.
I'm sure you'd see that in the US if they allowed $1 bills to go out of circulation, but they don't, so everything looks kinda the same, but things just cost "more"!
However getting up to Zimbabwe's level, not going to happen unless someone does something really stupid like McCain wanted to do!
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Posted 08/23/2011 6:41 pm
