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Zimbabwe $100,000,000,000,000 Note Good Purchase?

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lilaznkev1n's Avatar
Australia
126 Posts
 Posted 01/06/2010  7:58 pm Show Profile   Bookmark this topic Add lilaznkev1n to your friends list Get a Link to this Message Number of Subscribers
Hi. I bought a $100 trillion dollar Zimbabwe note for $5AU ($5.62US) including postage and it is in mint condition.

I didn't think about what the value of the note actually is because the note really interested me. Was it a good purchase and what is the value of the note?



Here are some pics...
Zimbabwe-$100,000,000,000,000-Note-Good-Purchase?

Zimbabwe-$100,000,000,000,000-Note-Good-Purchase?
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AndrewC's Avatar
United States
335 Posts
 Posted 01/06/2010  8:08 pm  Show Profile   Bookmark this reply Add AndrewC to your friends list Get a Link to this Reply
When I lived in Botswana in the early nineties, 100 trillion Zim dollars was worth about 500 billion pula or 250 billion US dollars. I think it's worth a little less now.
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Sap's Avatar
Australia
16857 Posts
 Posted 01/06/2010  8:25 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
AU$5 is a fair price I think. I bought one from a dealer for AU$10.

As for "face value", all those zeroes on their money was starting to embarrass them, so Zimbabwe lopped twelve zeroes off their dollar in Feb 2009; the face value equivalent of these notes is therefore only 10 "new Zimbabwe cents", or three-hundredths of an Australian cent at current official rates.
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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lilaznkev1n's Avatar
Australia
126 Posts
 Posted 01/06/2010  8:31 pm  Show Profile   Bookmark this reply Add lilaznkev1n to your friends list Get a Link to this Reply
Thanks a lot for the information Sap. I was interested in this note because of the amount of zeros.
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kena's Avatar
United Kingdom
1684 Posts
 Posted 01/09/2010  2:46 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
I agree what you paid was a good price. I purchased one in the UK for £3.20 which is around $5.12.

The 100 million cost me £1.26, 100 billion with 1 dollar note for £1.27.
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clembo's Avatar
United States
442 Posts
 Posted 01/09/2010  7:22 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
We got some in at work today and I found it interesting so the boss gave me one.
We will be selling them for $5 U.S. at work though so you did just fine.

Great conversation pieces.
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ramsis's Avatar
Egypt
11 Posts
 Posted 01/10/2010  8:08 pm  Show Profile   Bookmark this reply Add ramsis to your friends list Get a Link to this Reply
I believe it is a good price.
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Sap's Avatar
Australia
16857 Posts
 Posted 01/11/2010  12:19 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
As for "face value", all those zeroes on their money was starting to embarrass them, so Zimbabwe lopped twelve zeroes off their dollar in Feb 2009; the face value equivalent of these notes is therefore only 10 "new Zimbabwe cents", or three-hundredths of an Australian cent at current official rates.

Apparently, I can't count - if you lop 12 zeroes off this note, you actually get New Zim$100, which equates to about 30 Australian cents at official rates.

Sorry about that.
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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XavierOfGreen's Avatar
United States
2589 Posts
 Posted 03/06/2010  11:23 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
its cash value is essentially nothing at the moment since the currency has been suspended by the government.
5 dollars is ok, the prices have fluctuated a bit over time but I suspect they will stay around 5 for some time to come
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Halfwitty's Avatar
United States
1523 Posts
 Posted 03/06/2010  1:53 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
You could stand up to Bill Gates and say"Excuse me Bill, mind getting me a drink?I'm a Gazillionaire by the way.How about you?"
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Uhhhh's Avatar
United States
117 Posts
 Posted 03/07/2010  12:17 am  Show Profile   Bookmark this reply Add Uhhhh to your friends list Get a Link to this Reply
I just got one of these from ebay for $2.99 w/ shipping, and it also included a new (not pictured) Iraqi 50 dinar note. So I don't know the condition of the dinar note, but I was mainly interested in the Zimbabwe note. I just think it's neat.
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Thailand
1509 Posts
 Posted 03/08/2010  01:55 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
When I first got my Yugoslavian 10,000,000,000 dinara note I took it to my local bar and ordered a round for everyone in the place (it was a quiet night). I then gave the landlord the note saying "I'm sorry but I haven't got anything smaller!" Everyone thought it very funny but him.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 03/08/2010  02:17 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
Its a fair price as you don't get much for little money these days, and its a great conversation piece.....My bank loved it when I asked for change
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/10/2010  11:04 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
http://www.youtube.com/watch?v=7ubJp6rmUYM
Zimbabweans have to pan for gold to buy bread. This is from March 2009. Hopefully their situation has improved since then.
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3660 Posts
 Posted 05/16/2010  10:29 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Super neat note. I've got to get one if I can afford it.
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3660 Posts
 Posted 05/22/2010  12:56 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
I was so impressed with your note lilaznkev1n, that I had to get one of my own. I also got the one dollar note for contrast.



Zimbabwe-$100,000,000,000,000-Note-Good-Purchase?

Zimbabwe-$100,000,000,000,000-Note-Good-Purchase?
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