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Worthless (Non-Us) Note Becomes Valuable

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mdpmedia's Avatar
United States
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 Posted 01/07/2014  4:37 pm Show Profile   Bookmark this topic Add mdpmedia to your friends list Get a Link to this Message Number of Subscribers


http://numismaster.com/ta/numis/Art...id=238108117


It is pretty neat to observe what collectors will bid up sometimes.

fyi,

mdpmedia
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justin3651's Avatar
United States
621 Posts
 Posted 01/07/2014  4:53 pm  Show Profile   Bookmark this reply Add justin3651 to your friends list Get a Link to this Reply
Very neat. Now I want one. 100 trillion dollars for a bus fare? amazing. I thought $2 was bad. lol
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arianzo's Avatar
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 Posted 01/07/2014  5:31 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
I'm sure the price will drop. Because of inflation too many bank notes are in the market and at UNC.
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trout1105's Avatar
Australia
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 Posted 01/07/2014  5:44 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I have a bunch of fifty trillion dollar notes
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arianzo's Avatar
Canada
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 Posted 01/07/2014  6:21 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
Shame there isn't make an offer option, I wanted to offer $ 95,000 http://www.ebay.com/sch/m.html?item...oins&_sop=16
Edited by arianzo
01/07/2014 7:27 pm
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 Posted 01/07/2014  7:20 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
no thanks!
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Fuzzy317's Avatar
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 Posted 01/07/2014  7:34 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
I picked up one of those as a curiosity for $19.02 shipped
and I had to have a matching set

Worthless-Non-Us-Note-Becomes-Valuable

Worthless-Non-Us-Note-Becomes-Valuable

Worthless-Non-Us-Note-Becomes-Valuable
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arianzo's Avatar
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 Posted 01/07/2014  7:47 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
Very nice Fuzzy, the 1st one almost a radar !
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Sap's Avatar
Australia
16826 Posts
 Posted 01/07/2014  8:43 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
from the NumisMaster article:
The note has the distinction of being the highest denomination coin or paper money issue ever.

Actually, it doesn't. That record is still held by post-WWII Hungary; the numerically highest face value note they issued was 100 quintillion pengo (that's 10 to the twentieth power, or a 1 followed by 20 zeroes). There's a picture of one on the Wikipedia article on hyperinflation. Of course, at the rate the Zimbabwe dollar was collapsing, it would have only taken a few more weeks for them to catch up. The Zimbabwe Reserve Bank quit while it was still behind.

However, as the pinnacle of the second-worst episode of hyperinflation in history, the Zimbabwe 100 trillion dollar note carries the honour of being the numerically highest face value note in the English language.
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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Thailand
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 Posted 01/08/2014  03:50 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
Here's another link to the one that Sap mentioned.

http://www.banknote.ws/COLLECTION/c.../HUN0136.htm

I want one and I want it NOW!
Edited by thai-vic
01/08/2014 03:50 am
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Jimjumper's Avatar
United States
331 Posts
 Posted 01/08/2014  09:21 am  Show Profile   Bookmark this reply Add Jimjumper to your friends list Get a Link to this Reply
I bought a set of them back when they were cheap as part of a lecture on exonumia. Looks like I actually bought something cool and increasing in value. Having said that, the bottom is sure to drop out any second so you should wait until I lose my money and then buy a set. :)
Edited by Jimjumper
01/08/2014 11:02 am
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amida17's Avatar
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 Posted 01/08/2014  09:29 am  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
What kills me is I had a strap of these about 2 years ago. Sold them at a show for $1.25 each.....*sigh*
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arianzo's Avatar
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 Posted 01/08/2014  3:58 pm  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply
The "problem" with that Hungarian banknotes is that the number is not indicated .... si if you don't speak Hungarian you don't unbderstand it.
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mdpmedia's Avatar
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 Posted 01/08/2014  9:59 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Quote:
I had a strap of these about 2 years ago. Sold them at a show for $1.25 each.....*sigh*


amida,

I feel your pain.

mdpmedia
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ASLAN TVorlon's Avatar
United States
1234 Posts
 Posted 01/09/2014  10:20 am  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list Get a Link to this Reply
This is an interesting case study in Worth vs. Value, not just Hyper-inflation.

Two years ago they went for $1.25 (sorry amida), now they are going for ~$20.

Worthless-Non-Us-Note-Becomes-Valuable

Two Years ago these Walker's would have gone for ~$30, I just picked them up for $10 each a few days ago.

If you love something it has Value with no regard to Price.

Stay Tuned for the Next exciting adventure of "Ben and the Walkers Vs. the 100 Trillion Dollar Bill" will it be "Silver Cuts Paper" or "Paper ROCKS!"
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