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Yet Another Forum Game - Numismatic Go Fish!

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Palouche's Avatar
Spain
2752 Posts
 Posted 09/26/2019  04:21 am  Show Profile   Bookmark this reply Add Palouche to your friends list Get a Link to this Reply

Quote:
Why are so many posting both?


OOPS!... sorry was just following
Yet-Another-Forum-Game---Numismatic-Go-Fish!
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Arkie's Avatar
United States
2637 Posts
 Posted 09/26/2019  06:20 am  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
500 reis Brazil

Yet-Another-Forum-Game---Numismatic-Go-Fish!
Yet-Another-Forum-Game---Numismatic-Go-Fish!

1,000 reis = 1 cruzeiro 1942
1,000 cruzeiro = 1 cruzeiro novo 1967
1,000 cruzeiro novo = 1 cruzado 1986
1,000 cruzado = 1 cruzado novo 1989
1,000 cruzado novo/cruzeiro [don't ask] = 1 cruzeiro real 1993
2,750 cruzeiro reais = 1 real 1994

4.14 Brazilian real = 1 $US

By my calculation
2,277,000,000,000,000 = 1 $US

melt value $3.38 US. Speaks to the advantage of silver coins in an inflationary environment.
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bd251's Avatar
United States
1865 Posts
 Posted 09/26/2019  12:36 pm  Show Profile   Bookmark this reply Add bd251 to your friends list Get a Link to this Reply
1991 Zimbabwe 20 cents (first Zimbabwe dollar)
Yet-Another-Forum-Game---Numismatic-Go-Fish!

The "current value" of this coin is kind of tricky because there are different exchange rates that could be used. I am going to use the last "official" exchange rate of the 4th Zimbabwe dollar to USD that I found in the Wikipedia article on the Z$ (361.62 4th Z$ to USD). The "real" exchange rate or balck market exchange rate at the suspension of the Zimbabwe dollar was likely much higher*. There is also a current Z$ to USD exchange rate but there isn't really any way to relate that back to old Z$ since it's not based on the 4th Z$.

The math:
361.62 4th Z$ = 1 USD
1 4th Z$ = 10^25 1st Z$*
Therefore
3.6162 x 10^27 1st Z$ = 1 USD
1 1st Z$ = 2.7653 x 10^-28 USD

My coin is 0.20 1st Z$
(0.2) 2.7653 x 10^-28 = 5.5307 x 10^-29
= 0.00000000000000000000000000005453 USD

Hopefully all my math is correct. I know I have a 1 cent somewhere but I'd have to dig it out and photograph it.

*https://en.wikipedia.org/wiki/Zimbabwean_dollar See "Final period of devaluation" section at the end. Note the United Nations exchange rate of 150000 in February

Edit: wording
Edited by bd251
09/26/2019 12:39 pm
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Dorado's Avatar
Canada
24885 Posts
 Posted 09/26/2019  1:36 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply


TOP 10 - The Weakest World Currencies in 2019

Reference:

https://fxssi.com/top-10-of-the-wea...current-year.

1350/1971 Iran
1 Rial.
Yet-Another-Forum-Game---Numismatic-Go-Fish!
Yet-Another-Forum-Game---Numismatic-Go-Fish!
Edited by Dorado
09/26/2019 1:38 pm
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Dorado's Avatar
Canada
24885 Posts
 Posted 09/26/2019  1:53 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
@ spruett001

Two more posts and you will become the next

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...
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pepactonius's Avatar
United States
9395 Posts
 Posted 09/26/2019  4:30 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply
I suppose any demonitized coin is officially worthless now?

Examples would be the US Trade dollar, pre-euro coins (like the Italian lira already posted), and ancient stuff?
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Finn235's Avatar
United States
6130 Posts
 Posted 09/27/2019  2:34 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Nowhere near being a winning entry, but I figure it's about time I participate again

Japan 1 Rin, Meiji, 1884
Yet-Another-Forum-Game---Numismatic-Go-Fish!

Worth 1/1,000 of a yen, thus about as much as the US "Mil" that never existed... until the Yen slid against the USD. I don't think these were *technically* demonetized until about 1948, at which time the Yen was pegged to the USD at 360:1. Thus, it was briefly worth 1/360,000 of a dollar, or 1/3,600 of a cent.
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Russian Federation
5186 Posts
 Posted 09/27/2019  7:35 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I'm considering making an entry; however, I have two choices, and I'm not sure which one to use.

One would get me a far lower value; the other, however, is a medieval coin (pre-1600), and it's hard to beat the coolness of that.

So, quick question - should I post:

1) the lower value;
2) the medieval;
or 3) both?
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Russian Federation
5186 Posts
 Posted 09/27/2019  10:46 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
With no response for two hours, I decided that I might as well post both.
...I mean, if it comes to that, I'll delete the other one, right?


As I've mentioned, one of the coins is medieval... or, well, kind of medieval. Pre-1600, anyway.

Yet-Another-Forum-Game---Numismatic-Go-Fish! Yet-Another-Forum-Game---Numismatic-Go-Fish!

This little piece over there is a pulo of Tver - or, at least, that's what it says.
However, this type was issued during the reign of Ivan the Terrible, when Tver was no longer independent; as such, Numista lists the type under "Grand Principality of Moscow".

...Come to think of it, I'm not sure if anyone ever officially demonetized the pulos. They probably just slowly went out of use as they were no longer a useful denomination of currency.

Anyway, a pulo is 1/60 of a denga. A denga is 1/2 of a kopek. A kopek is 1/100 of a ruble.
That makes a pulo worth 1/12000 of a ruble (and yes, rubles were already a thing back then, though ruble coins weren't).

That is to say, 1/12000 of the pre-1917 ruble. Then things went a bit wild for a while...

1922: 1 new ruble = 10000 old rubles
1923: 1 new ruble (1923) = 100 rubles of 1922 = 1,000,000 old rubles
1924: 1 gold ruble = 50000 rubles of 1923 = 50,000,000,000 pre-1917 rubles (5*10^10)

Two further redenominations, in 1947 and 1961, made one Russian ruble as of 1993 worth 100 "gold" rubles of 1924, or 5,000,000,000,000 (5*10^12) pre-1917 rubles.

Finally, a redenomination in 1998 took off three more zeroes, for a total of 5,000,000,000,000,000 (5*10^15) pre-1917 rubles per modern ruble, or 60,000,000,000,000,000,000 (6*10^19) pulos per modern ruble.

Multiplying that by the current rate gives a final answer of about 3.88*10^21 (that's 3,880,000,000,000,000,000,000) pulos per dollar; in other words, combining all the exchange rates, a pulo is worth about 0.000000000000000000000277 US dollars.
(I think I didn't miscount the zeroes here; I'm not actually sure.)


You might be wondering how did I manage to find a coin whose lack of value above seem insignificant.
(Or, um, huge, I guess. Not sure how it works.)

However - though it might be a bit of an obscure fact - the Zimbabwean dollars do not, in fact, hold the record for the largest banknote denominations ever.

That title goes to the Hungarian pengo in 1946, which reached denominations as high as 10^20 pengo (that's 100,000,000,000,000,000,000; the next level up, 10^21, was printed but didn't make it to circulation).

And the coin I'm about to show is a little bit older than 1946...

(...Actually, I'm cheating a bit in the below description; you would probably easily be able to figure out how. The non-cheating version gives a lot less zeroes in the value, though.)

Yet-Another-Forum-Game---Numismatic-Go-Fish! Yet-Another-Forum-Game---Numismatic-Go-Fish!

This piece here, a 2 filler 1898, is 1/50 of the (then Austro-)Hungarian korona.

The korona had received quite a bit of hyperinflation, in 1924, it was replaced by the pengo, at the rate of 1 pengo to 12500 korona.

Some fairly calm years followed, when even silver coins were issued for the pengo; then came 1945, and things got a little bumpy.
Quickly summarizing: the last denomination to be issue for the pengo was the 10^20 (100,000,000,000,000,000,000) pengo, at which point the pengo was entirely replaced by the adopengo - at floating rates that eventually stabilized as 2*10^21 (2,000,000,000,000,000,000,000) pengo for 1 adopengo.

Then the adopengo in turn experienced some residual hyperinflation, and was exchanged at 200,000,000 adopengo to 1 forint; this is sometimes quoted as 4*10^29 pengo to the forint, which is technically correct but not quite right - there were nowhere near as much pengo in the whole of Hungary.
(That is to say, 400,000,000,000,000,000,000,000,000,000 pengo to 1 forint. I almost stumbled at the zeroes even with the separators.)

The forint remains the currency of Hungary today; multiplying all the rates, we get 5*10^33 koronas per forint (I'm not writing that out), or 2.5*10^35 of those 2-filler pieces from 1898 per modern forint.
That's per forint; a forint isn't worth very much any more. One dollar is 306.57 forints, so the total rate comes out to... mini-drumroll...

7.66425*10^37 per dollar.
Or, in digits, just this once:
76,642,500,000,000,000,000,000,000,000,000,000,000.

The other way around, it comes to 1.30476*10^-38 dollars.
...I'm about to write that out, right?
...OK. I apologize in advance.
For the record, it's 0.000000000000000000000000000000000000013 dollars (I've rounded it a bit, because at that point it doesn't really matter).
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jbuck's Avatar
United States
192764 Posts
 Posted 09/27/2019  11:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I suppose any demonitized coin is officially worthless now? Examples would be the US Trade dollar...
The Trade dollar was re-monetized by the Coinage Act of 1965.
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spru's Avatar
United States
12477 Posts
 Posted 09/28/2019  05:04 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
Even if the Trade dollar was demonetized, it still stands as a US dollar that has not been devalued in relation to other US dollars, so the exchanges still exist. Anywho...

january1may is the winner of this round!

He presented the "least valuable" entries, including a medieval coin. That's good stuff and such a thorough write-up. Thank you to all the participants! There were more than I expected.

Let's see what j1m has for us. I officially pass the torch.

P.S. Thanks, Dorado for the post count recognition. I'm hoping to save 10K for my contest.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
09/28/2019 05:09 am
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Spence's Avatar
United States
34511 Posts
 Posted 09/28/2019  07:22 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
such a thorough write-up



I agree--well done @j1m!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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chafemasterj's Avatar
United States
6514 Posts
 Posted 09/28/2019  11:15 am  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Nice educational write up j1m. Thanks!
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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Dorado's Avatar
Canada
24885 Posts
 Posted 09/28/2019  4:17 pm  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply

Quote:
january1may is the winner of this round!


Congratulations! ...The floor is yours.
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