The infamous Zimbabwean $100 trillion dollar bill

The amount of zeroes after the decimal point wouldn't fit on 2 calculators.

 

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Balancing Rocks are geological formations all over Zimbabwe. The rocks are perfectly balanced without other supports. They are created when ancient granite intrusions are exposed to weathering, as softer rocks surrounding them erode away. They are often remarked on and have been depicted on both the paper money of the Zimbabwean dollar and the paper money of the Rhodesian dollar. The ones found on the current notes of Zimbabwe, named the Banknote Rocks, are located in Epworth, approximately 9 miles (15 km) south east of Harare. There are, however, many different formations of the rocks, incorporating single and paired columns of 3 or more rocks. These formations are a feature of south and east tropical Africa from northern South Africa northwards to Sudan. The most notable formations in Zimbabwe are located in the Matobo National Park in Matabeleland.

 

I won a dozen of them a few years ago in a bet with another dealer on a popular dealer trading platform.

Last summer I sold them on the same platform for $35 each. (After I had given away a few as "worthless" curiosities to friends and good customers.)

 

I won a door price at a Coin Show. Here's the "Prize":

 

I bought one of these notes for much less than $5.00 as a novelty a few years ago. I should have bought many more! TC

 

I was just at a coin show where several dealers were selling them for $50. I talked to one dealer and he said a few years ago he was buying them for $1 each. Great ROI.

 

If I understand you correctly, the group of Zimbabwe notes, that I got as a door prize, is now worth substantial money.

 

Retail wise...yup

 

I guess I'd better put them into currency sleeves and into an album for protection. You never know, I assumed they were more of a novelty item and it turns out that, with time, they became a collectable. Score one for dumb luck.

 

They haven't any value until you sell them.

My guess is that they will go back to $1 each after the fad is over.

 

I would not be the least bit interested as there is no real value there fad/novelty
you have any beanie babies for sale ? LOL...

 

Hey, c'mon notgeld had little value then, but has some value even now.

 

I guess if you collect Zimbabwe notes in particular, but value is only based on what someone is willing to pay that,s the bottom line, and to me that goes by rarity with
millions maybe billions printed including unauthorized reprints to me there is very little value if any, sorry to be the bearer of bad news but it is what it is

 

You never know what someone is willing to pay for the notes. Look at the shopping channel that has Mike selling coins for incredible mark-ups. If they can get that channel they should be able to get one of the other TV Coin Shows (which are also overpriced) and get the item for half of what they sell it for. All they have to do is change the channel, but they rather stick with their shopping channel, not check prices, and pay at least double in an ANACS holder.

Dealers hate it when people decide to sell the coins they bought on that channel, they give the dealer grief for "not paying enough". Speaking of TV Coin Shows, one of them is now grading them themselves, the initials they use is NCG so people may confuse it with NGC. At least Coin Vault puts their name on coins they grade themselves.

 

Those coin shows make believe like your getting one hell of deal but in reality
your not getting such a great deal after all, especially if you decide to sell and
the dealer starts laughing at you on the price you paid

 

Talk about coincidence, Coin World's online e-mail takes about Zimbabwe money today. Go to: http://www.coinworld.com/news/paper...-of-what-it-is-like-to-be-a-trillionaire.html#

 

Well, Zimbabwe does not use those dollars, the currency does not even exist any more. It's the US dollar, South African rand and a couple of other currencies these days. Such "trillion" notes are interesting souvenirs though ...

Christian

 

They were used from 2006 to 2009 with the greatest inflation in the last year, 2009, when they reached the Trillion Dollar notes. Coin World put the value at $40.

 

The 100 trillion note was never released for circulation.

 

Excellent point!