Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

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

To participate in the forum you must log in or register.
Author Previous TopicReplies: 28 / Views: 14,171Next Topic
Page: of 2
Valued Member
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?
Valued Member
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.
Moderator
Learn More...
Sap's Avatar
Australia
16809 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
Valued Member
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.
Pillar of the Community
kena's Avatar
United Kingdom
1682 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.
Valued Member
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.
New Member
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.
Moderator
Learn More...
Sap's Avatar
Australia
16809 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
Pillar of the Community
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
Pillar of the Community
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?"
Valued Member
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.
Pillar of the Community
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.
Pillar of the Community
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
Pillar of the Community
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.
Pillar of the Community
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.
Pillar of the Community
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?
  Previous TopicReplies: 28 / Views: 14,171Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.45 seconds to rattle this change. Forums